Moody's Cuts Ratings at 10 US Banks

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US bank stocks declined after Moody's Investors Service lowered its ratings for 10 small and midsize lenders and said it may downgrade major firms including U.S. Bancorp, Bank of New York Mellon Corp., State Street Corp., and Truist Financial Corp. Bloomberg's Sonali Basak reports.

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Good for Bloomberg actually telling the truth. most were downgraded for long term risk. Downgraded to A2 which is still an upper tier rating. downgraded for CRE's mainly.

johnathansteil
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Bribenomics hard at work building back better

commonsense
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Dont spread "panic"...for whose benefit???

frankxu
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It’s like a rerun of the Great Depression

mcawesomest
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