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

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

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Moody's Investors Service on Tuesday revised its outlook on the U.S. banking system to "negative" from "stable", citing heightened risks for the sector after the rapid unraveling of SVB Financial Group (SIVB.O) fueled fears of contagion. Bank runs at Silicon Valley Bank, Silvergate Capital Corp…

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