US Banks Face Credit Rating Downgrades Amidst Challenging Climate
The US banking sector is facing a turbulent period as credit rating agencies deliver successive downgrades to several banks. S&P Global and Moody’s have recently lowered credit ratings for regional banks, causing ripples across the financial landscape. These actions come against the backdrop of a challenging lending environment, where factors like weaker funding, deposit outflows, and rising interest rates have raised concerns. S&P Global Downgrades Five Regional Banks S&P Global…










