Moody's Downgrades 11 Regional Banks, Including Zions, U.S. Bank, Western Alliance

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Moody’s Investors Service downgraded 11 regional lenders Friday, suggesting higher interest rates and recent bank failures have ushered in greater instability.

The downgrades hit lenders including U.S. Bancorp , with some $682 billion in assets, Zions Bancorp , with $89 billion, and Bank of Hawaii Corp. , with $24 billion.

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Source:" WSJ "

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