Tuesday, November 5, 2024

downgrades

Moody’s Reduces Ratings of Several US Banks and Puts More Under Review for Potential Downgrades

Moody’s is watching the banking sector and has already cut its ratings on several institutions because of ongoing economic headwinds. Bond credit rating platform Moody’s Investors Service has reduced its ratings of several banks in the US. In addition...

Fitch Downgrades US Credit Rating to AA+ Citing Fiscal Deterioration and Governance Erosion

Before releasing the latest ratings, Fitch had initially warned about a possible downgrade during US debt ceiling negotiations a few months ago. Fitch Ratings, one of the major credit rating agencies, downgraded the United States’ long-term foreign currency issuer...

Moody’s Downgrades Signature Bank to Junk while Putting More Banks Under Review 

Moody’s also put the ratings of six other banks in the US under review. Ratings agency Moody’s has downgraded the debt ratings of recently collapsed Signature Bank (NASDAQ: SBNY) to junk amid the happenings in the US banking...

Bank of America Downgrades Meta from ‘Buy’ to ‘Neutral’

According to the Bank of America, Meta could bend to advertising spending pressure in the coming year, and this would result in cutting budgets.American multinational investment bank the Bank of America (NYSE: BAC) has downgraded Facebook’s parent company...

Moody’s downgrades El Salvador’s long-term foreign currency issuer rating, and it has a Bitcoin connection

Moody’s, a popular financial credit rating business has downgraded El Salvador’s long-term foreign-currency issuer and senior unsecured ratings to Caa1 from B3. The rating group also lowered El Salvador’s foreign-currency country ceiling to B2 from B1. It said...
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Spirit Blockchain Capital Strengthens its Ecosystem Position with Acquisition of Dogecoin Holdings – StreetInsider.com

Spirit Blockchain Capital Strengthens its Ecosystem Position with Acquisition of Dogecoin Holdings  StreetInsider.com Source link
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