Some NYCB deposits may be a flight risk after Moody’s downgrades ratings again – CNBC
The downgrade could result in contractual obligations for NYCB’s counterparties to require the bank to maintain an investment-grade deposit rating, according to analysts who track the company. Consumer deposits with FDIC-insured banks are covered up to $250,000. NYCB is in the midst of a steep decline in its stock price that began a month ago […]
Moody’s Gives Hamas a Win with First-ever Israeli Credit Downgrade
Credit rating agency Moody’s on Friday downgraded Israel’s credit rating from “A1” to “A2” for the first time ever, citing a war started by Hamas, handing a victory to Hamas and its Iranian backers. globe report: Moody’s downgraded Israel’s credit rating from A1 to A2 due to the war. The international rating agency also downgraded […]
Gas price surge could cost Biden reelection: Moody’s
A recent analysis by Moody’s Analytics found that rising gas prices could hurt President Biden’s re-election bid in November. Moody’s currently projects that Biden will narrowly win the 2024 election, based on several political and economic factors, including gas prices. Gasoline prices soared to an all-time high of more than $5 per gallon in the […]