Moody’s Downgrades Credit Ratings of Regional US Banks, Could Cut Others

Moody’s slashed the credit ratings of several small to mid-sized American banks and warned that it may do so to others.

Illustration of credit rating agency Moody’s. The Epoch Times

Moody’s Investors Service slashed the credit ratings of several small- to mid-sized U.S. banks and warned that it may do so to others.

The credit ratings agency announced on Aug. 7 that it may also downgrade some of the biggest lenders in the nation.