Ratings agency Moody's on Monday downgraded the debt ratings of collapsed New York-based Signature Bank (SBNY.O) deep into junk territory and placed the ratings of six other U.S. banks under review for a downgrade.
Ratings agency Moody’s has put six U.S. banks on review for downgrade, including First Republic Bank which is one of the largest in the country a decision that follows the collapse of two banks over the weekend.
Prices could hit the $90-$100 per barrel range in the second half of this year as global demand is set to reach record levels amid constrained supply, Russell Hardy,.
Major global rating agency Moody's yesterday downgraded its outlook of Bangladesh's banking system from stable to negative a crushing development that is set to make foreign transactions trickier and costlier for businesses and banks.