[ad_1] 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,…

[ad_1] Late Friday, Moody’s downgraded the U.S. credit rating one notch to Aa1 from AAA, the highest grade. [ad_2] Read More: Dow futures drop 250 points…

[ad_1] “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…

[ad_1] “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…

[ad_1] 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…