Signage is seen outside the Moody’s Corporation headquarters in Manhattan, New York, U.S., November 12, 2021./File Photo
Aug 7 (Reuters) – Ratings agency Moody’s downgraded the credit ratings of several U.S. banks on Monday and warned it was reviewing the status of some of the nation’s biggest lenders.
Moody’s cut the ratings of 10 U.S. banks by one notch and placed some banking giants on review for potential downgrades. The agency also changed its outlook to negative for several major lenders. Overall, it changed the assessments for 27 banks in the sector.
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