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Moody's announces a number of regional bank downgrades
Moody's came out with a slew of downgrades in a number of financial institutions. It will be curious to see the impact in the KRE regional bank index tomorrow. MOODY'S DOWNGRADES WEBSTER:Long-term issuer rating to BAA2 from BAA1Outlook: StableMoody's downgrades Associated Banc-Corp:Subordinate to Baa3 from Baa2Outlook: StableMOODY'S DOWNGRADES BOK FINANCIAL CORPORATION:Long-term issuer rating to BAA1 from A3Outlook: StableBRIEF-Moody's Downgrades Prosperity Bank's Ratings:Long-Term Deposits to...
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Posted: Aug 8 2023, 00:17
Author Name: forexlive
Views: 022293