> One of the three major bond credit rating businesses on Tuesday downgraded the U.S. banking system from a stable outlook to negative and put six banks, including Comerica Bank, under review for a potential downgrade following the second and third-largest bank failures in U.S. history.
> Moody's also put under review for potential downgrade California's First Republic Bank, Kansas' Intrust Financial Corp., Missouri's UMB Financial Corp., Arizona's Western Alliance Bancorp. and Utah's Zions Bancorp.
toomuchtodo|2 years ago
> One of the three major bond credit rating businesses on Tuesday downgraded the U.S. banking system from a stable outlook to negative and put six banks, including Comerica Bank, under review for a potential downgrade following the second and third-largest bank failures in U.S. history.
> Moody's also put under review for potential downgrade California's First Republic Bank, Kansas' Intrust Financial Corp., Missouri's UMB Financial Corp., Arizona's Western Alliance Bancorp. and Utah's Zions Bancorp.