Commercial Real Estate Risk: Moody’s May Slash Ratings of Six US Banks
(New York, USA) Moody’s, a leading credit rating agency, is considering downgrading the credit ratings of six major banks in the United States due to their exposure to the commercial real estate market. The banks in question could face potential credit rating cuts as Moody’s assesses the risks associated with their lending activities in this sector. The ongoing evaluation by Moody’s comes as concerns rise over the stability of the commercial real estate market, particularly …