Despite worries over bad loans at midsize U.S. banks, there’s little evidence of a systemic problem, according to a senior analyst at Moody’s Ratings.Marc Pinto, the…
Late Friday, Moody’s downgraded the U.S. credit rating one notch to Aa1 from AAA, the highest grade. Read More: Dow futures drop 250 points as Moody’s…
“The review for upgrade reflects [the bank’s] robust and stable profitability, supported by its disciplined growth strategy, its strong asset quality and capital position, healthy levels…
“Initially, the rate cuts will be credit negative for most U.S. banks,” Moody’s said. “We expect their deposit costs to reprice downward more slowly than their…
The housing sector has been one of the most resilient areas of the economy during the coronavirus downturn, but the Moody’s Analytics chief economist Mark Zandi…