Moody’s puts First Republic and 5 other US banks on downgrade watch due to SVB mess

  • Moody’s places First Republic and 5 other US banks on downgrade watch.
  • Concerns over the lenders’ reliance on uninsured deposit funding and unrealized losses in their asset portfolios are the cause.
  • The credit rating company cited these concerns.
0
0
0
Share 0
Tweet 0
Share 0

[Via]