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S&P Slashes Ratings Of 5 US Banks, SEC Fines Fintech Adviser Titan For Misleading Crypto Claims, Microsoft Modifies Activision Blizzard Proposal: Today's Top Stories

Benzinga S&P Slashes Ratings Of 5 US Regional Banks Facing Growing Challenges S&P Global Ratings has cast a spotlight on the challenges faced by several U.S. regional banks, resulting in a series of downgrades that have reverberated through the financial sector. According to the renowned rating agency, the Federal Reserve's tight grip on monetary policy is now putting a strain on the funding, liquidity, and revenue of many U.S. banks. The impact of higher interest rates on borrowers is becoming ....

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