Despite Push to Shrink Exposure, Banks Face Growing CRE Risk, Moody’s Warns
Prolonged high interest rates may drive credit risk at banks with high commercial real estate exposures, according to a new survey by Moody’s.
Moody’s Names New Haven Nation’s Top Multifamily Market
A new analysis by credit ratings agency Moody’s says New Haven had the strongest performance of any multifamily market in the country in the first quarter.
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 Connecticut market. Moody’s downgraded credit ratings for large regional banks M&T...Source: Deutsche Bank Likely to Axe 1K US Investment Bank Jobs
Deutsche Bank is expected to cut around 1,000 jobs or 10 percent of its workforce in the United States, a person familiar with the matter said on Friday, as the German lender scales back its global investment banking ambitions.
Moody’s Cites Credit Impacts Of GE Headquarters Relocation
General Electric’s plan to relocate its corporate headquarters is credit positive for the city of Boston and credit negative for Connecticut, where the economic recovery lags the nation and the state has not regained the total jobs lost during the recession, according...
