DEVELOPING: Moody’s Cuts Outlook For Entire US Banking Sector, Puts Six Banks on ‘Downgrade’ Watch
DEVELOPING: Moody’s Cuts Outlook For Entire US Banking Sector, Puts Six Banks on ‘Downgrade’ Watch Moody’s Investors Service cut its outlook for the entire US banking sector to negative and put six banks on ‘downgrade’ watch on Tuesday. The credit rating service’s move to downgrade the entire banking sector from ‘stable’ to ‘negative’ will impact…