Fitch Warns Big Banks Face Downgrades

Fitch Warns Big Banks Face Downgrades

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Fitch Warns Big Banks Face Downgrades At the start of August, Fitch Ratings downgraded the US government's top credit rating. Last week, Moody's cut the credit ratings of small and midsized US banks because of higher funding costs, potential regulatory capital weaknesses, and rising risks tied to…

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