downgrade
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Bank Deposits and Moody’s Downgrade: Understanding the Implications
It is reported that bank deposits in the United States fell again last week. At the same time, Moody\’s, a rating agency, downgraded the ratings of 11 regional banks, including U.S.
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S&P downgraded the rating of Silicon Valley Bank to D and then withdrew the rating
It is reported that the rating agency S&P downgraded the rating of the Bank of Silicon Valley to D, that is, the “default” rating, and then withdrew the rating; SVB Financial Group, the parent company of Silicon Valley Bank, was downgraded to CC. (Cailian Press) Interpretation of this information: The recent downgrade of the rating of Silicon Valley Bank by rating agency S&P has sparked concerns about the bank’s financial stability. The bank has now been rated as ‘default’ or D, which is the lowest rating a bank can be…