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The Young Investors Podcast
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Moody's Cuts Ratings of 10 US Banks
Moody's cut the credit ratings of a host of small and mid-sized US banks late Monday. The firm lowered the ratings of 10 banks by one rung while major lenders are now under review for a potential downgrade. Moody's also changes outlooks to negative for 11 banks, including capital one, Citizens Financial and Fifth Third Bank Corp.
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