Moody’s downgrades 10 US banks and warns of possible cuts to others

Moody’s downgrades 10 US banks and warns of possible cuts to others.

On Monday, rating agency Moody’s cut the credit ratings of a number of American banks and issued a warning.

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It was examining the situation of some of the major lenders in the country.

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Ten U.S. banks had their ratings lowered by one notch by Moody’s.

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