Moody’s puts six U.S. regional banks on downgrade review over commercial real estate exposure
https://www.cnbc.com/2024/06/07/moodys-puts-six-us-regional-banks-on-downgrade-review-over-cre-exposure.html
by lurker_bee
Moody’s puts six U.S. regional banks on downgrade review over commercial real estate exposure
https://www.cnbc.com/2024/06/07/moodys-puts-six-us-regional-banks-on-downgrade-review-over-cre-exposure.html
by lurker_bee
2 comments
The long-term ratings of [First Merchants Corp](https://www.cnbc.com/quotes/FRME/), [F.N.B. Corp](https://www.cnbc.com/quotes/FNB/), [Fulton Financial Corp](https://www.cnbc.com/quotes/FULT/)[, Old National Bancorp](https://www.cnbc.com/quotes/ONB/), [Peapack-Gladstone Financial Corp](https://www.cnbc.com/quotes/PGC/) and [WaFd](https://www.cnbc.com/quotes/WAFD/) were placed on review.
With a few exceptions, perhaps like these minnows, the system is as strong as the weakest link.