Moody’s Downgrades Bank Credit Ratings

Details Written by: RJ Credit rating agency Moody’s has cut the credit ratings of smaller to mid sized banks. Downgraded banks of note M&T Bank Pinnacle Financial BOK Financial Webster Financial Under review for potential downgrade  Bank of New York Mellon US Bancorp State Street Truist Financial Cullen/Frost Bankers Norther Trust Negative outlook for 11…