Moody's puts six U.S. banks on watchlist for potential downgrade

Moody’s Investors Service has put six U.S. banks on review for potential credit rating downgrades, following the collapse late last week of Silicon Valley Bank.

The credit rating firm late Monday also put Signature Bank, which failed Sunday, into deep into junk territory, according to CNN.

Moody’s warned it could issue similar downgrade for First Republic Bank, Zions, Western Alliance, Comerica, UMB Financial and Intrust Financial.