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Moody’s cuts deposit ratings at major banks after downgrading U.S
fortune.com/2025/05/19/moodys-cuts-deposit-ratings-at-major-banks-after-downgrading-us
Moody’s Ratings cut its ratings for deposits at some of the biggest banks, including Bank of America Corp., JPMorgan Chase & Co., citing Friday’s downgrade of the US and the government’s weakened ability to support the firms.
Long-term deposit ratings at units of Bank of America,…
This story appeared on fortune.com, 2025-05-19 20:39:42.