Signature Bank

Moody's downgrades Signature Bank to junk, places six US banks under review

Ratings agency Moody's on Monday downgraded the debt ratings of collapsed New York-based Signature Bank (SBNY.O) deep into junk territory and placed the ratings of six other U.S. banks under review for a downgrade.

March 14, 2023
March 14, 2023

Moody's downgrades Signature Bank to junk, places six US banks under review

Ratings agency Moody's on Monday downgraded the debt ratings of collapsed New York-based Signature Bank (SBNY.O) deep into junk territory and placed the ratings of six other U.S. banks under review for a downgrade.