US Credit Rating Cut Downgrades JPM, BofA, and Wells Fargo
Moody’s downgraded the long-term ratings of top American lenders such as JPMorgan Chase, Bank of America, and Wells Fargo due to the US credit rating cut. The downgrade follows the country’s exit from the top triple-A rating club, which was triggered by a growing debt of $36 trillion. The US sovereign credit rating cut has … Read more