Moody's changes outlook on U.S. banking system to 'negative' after SVB collapse

have deteriorated the operating environment for the sector that is now battling a crisis of confidence, both from investors and depositors, the ratings agency said.

Lenders that had "substantial" unrealized securities losses and uninsured deposits may be hurt more as customers look for safer alternatives to park their funds. Moody's also said it was expecting the Federal Reserve to continue tightening monetary policy, in contrast to some others who are expecting the bank collapses this month to reshape the trajectory for interest rate hikes.Our Standards:

Anyone remember when Moody's gave high ratings for US Subprime mortgages anyone? anyone? 😉

The 1 donor of SVB last year was. Anyone? Anyone? Anyone?

Biden is our President though.

How many banks & corporations are now being run like the federal, state & local gov’t by people hired for their woke identity as opposed to their legitimate technical qualifications for the job - similar to how SVB was managed - brings a whole new meaning to gowokegobroke

Bring on the Bitcoin rise.🚀

All thanks to the Trump gang, who did away with Dodds Frank Act which allowed scrutiny and stress tests to certain levels of the financial sector and monitored risk and portfolio makeup to ensure the banks were liquid enough to protect the clients of the banks.

So Everything's fucked everywhere all at once? SVBCollapse SVB SiliconVallyBank BankingCrisis Bankcollapse

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JPMorgan, PNC among suitors for SVB Financial in deal excluding SVB Bank - AxiosJPMorgan Chase & Co and PNC Financial Service Group Inc are among those in talks about acquiring SVB Financial Group in a deal that would exclude its commercial banking unit Silicon Valley Bank that is currently under U.S. control, Axios reported on Monday citing sources. This is pretty cool and interesting, but no matter what you are doing, don't depend on a single income and if you want to be financially free, invest for tomorrow's future. I've made over $50k in crypto with the help of. 📥👇👇
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Dow futures unsteady as stock-market investors watch efforts to avert SVB-inspired bank crisisU.S. equity markets traded unevenly Sunday afternoon, in the aftermath of the failure of Silicon Valley Bank on Friday, which has cast a pall over the...
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