S&P Lowers KeyBank’s Credit Rating on ‘Constrained Profitability’
KeyBank’s credit rating was downgraded by Standard & Poors, from BBB+ to BBB, citing “constrained profitability” amid higher interest rates.
Citing CRE Risk, Moody’s Downgrades M&T, Webster Bank Credit
Funding pressures, regulatory capital weaknesses and higher risks in the commercial real estate loan portfolios dragged Moody’s credit ratings of two sizeable banks operating in the Massachusetts market.
Big Banks Will Need to Hold More Capital Under New Fed Proposal
The nation’s biggest and most complex banks will need to hold additional capital on their balance sheets under an initial proposal by the Federal Reserve and FDIC.
Bank Stocks Continued to Fall Following First Republic’s Demise
Regulators have barely written the epitaph for First Republic Bank, but investors on Wall Street have already moved onto speculating which bank might be the next to fail.
