[ad_1]

Moody’s Investors Service downgraded 11 regional lenders Friday, suggesting higher interest rates and recent bank failures have ushered in greater instability.

The downgrades hit lenders including U.S. Bancorp , with some $682 billion in assets, Zions Bancorp , with $89 billion, and Bank of Hawaii Corp. , with $24 billion.

[ad_2]

Source link

(This article is generated through the syndicated feed sources, Financetin doesn’t own any part of this article)

Leave a Reply

Your email address will not be published. Required fields are marked *