Boston Wins Top Bond Rating as Questions Surround Downtown Property Values
Both Moody’s Analytics and S&P Global said office tower values could fall further, but many homeowners can afford to pick up the slack in city property tax collections.
S&P: U.S. Banks Will Still ‘Perform Well’ Amid Slow Economy
S&P Global Ratings is expecting that American banks will still perform well this year and build capital as they face a slowed economy and tighter regulatory landscape in 2024.
Survey: Majority of All Age Groups Prefer Mobile, Online Banking
Two national studies show that US bank consumers are shifting their preferences more to digital banking platforms, both mobile and online, instead of opting to go to branches – particularly to branches inside big retailers.
S&P Sees Lower Bank Margins Ahead as High Deposit Costs Persist
U.S. banks increased deposit costs in the second quarter to protect core funding and have seen slowed deposit outflows, but that “defensive posture” and its lower net interest margins are likely to continue in the coming years
