Moody’s late on Monday put six banks on evaluation for doable downgrade because it additionally stated it’ll withdraw rankings on collapsed Signature Bank.
The downgrade warnings could put additional stress on regional banks after the collapse of SVB Financial SIVB and Signature Bank SBNY. The warnings had been on First Republic, Intrust Financial , UMB Corp UMBF, Zions Bancorp ZION, Western Alliance and Comerica CMA.
In…
Source web site: www.marketwatch.com
