Fitch Warns It May be Forced to Downgrade Dozens of Banks

News | Aug 16, 2023 A Fitch Ratings Analyst has issued a warning that the U.S. banking industry is moving closer to potential sweeping rating downgrades on numerous lenders. This includes major banks such as JPMorgan Chase and Bank of America. In June, Fitch Ratings reduced its assessment of the banking industry's health. This move,

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