Moody’s Downgrades 11 Regional Banks

by forjeeves

wow the amount of power that moody and the likes have…just when you think banks make money they just downgrade all of them, the banking crisis is either not over, or they’re basically making it a self-fulfilling prophecy if they keep doing this.

im putting a list here,

  1. USB
  2. ZION
  3. BOH
  4. WAL
  5. FRB
  6. ASB Associated Banc-Corp
  7. CMA Comerica
  8. FHB First Hawaiian Inc
  9. Intrust Financial Corp (non-public stock)
  10. WAFB Washington Federal Inc
  11. UMB Financial Corp

www.deseret.com/2023/4/22/23694008/moodys-downgrades-11-regional-banks-zions-u-s-bank-western-alliance

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www.wsj.com/articles/moodys-downgrades-11-regional-banks-including-zions-u-s-bank-western-alliance-174e4d7f

 

Markets are eerily calm after the banking chaos – but tightening credit and tumbling earnings could reignite volatility soon, UBS says

  • The S&P 500’s “fear gauge” fell to its lowest level in 15 months after the recent banking turmoil.
  • Investors are eerily calm – but heightened uncertainty could rock markets soon, UBS says.
  • “The outlook for US equities is challenged,” the Swiss bank said in a recent research note.

markets.businessinsider.com/news/stocks/stock-market-outlook-volatility-fear-gauge-vix-banking-crisis-ubs-2023-4

 

 

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