Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!

New York Community Bank's woes could signal trouble for other regional banks

Feb 7, 2024
A significant portion of NYCB's $252 million in losses last quarter came from losses on commercial real estate loans--a revenue source for other regional banks as well.
Last year, NYCB acquired Signature Bank after it failed. Almost a year later, the New York-based bank was given a junk credit rating by Moody's.
Spencer Platt/Getty Images

Regional banks' problems enter the "slow burn" phase

Aug 8, 2023
Moody's downgraded the credit ratings of several regional banks this week, citing rising costs and the troubled commercial real estate sector.
Moody's credit downgrades suggest that many of the problems that emerged with this year's bank failures haven’t gone away.
Justin Sullivan/Getty Images

Where does the US credit rating come from?

May 25, 2023
Atsi Sheth from Moody's gives us a behind the scenes look into the company's ratings process.
"In the most basic terms, a credit rating is really an opinion on the credit quality of any entity that borrows on the debt capital markets," said Atsi Sheth at Moody's Investors Service.
Emmanuel Dunand/AFP/Getty Images

It's not easy being a car company — just ask Ford

Sep 10, 2019
Like all automakers, Ford's trying to balance selling profit-making vehicles and preparing for an uncertain future.
The chassis of a 2018 Ford F-150 truck on display at the Los Angeles Auto Show.
Frederic J. Brown/AFP/Getty Images

Why stock buybacks soared at the end of 2018

May 2, 2019
There are several reasons for the frenzy.
Stocks have rallied in November, with the Dow reaching a milestone level Tuesday.
Spencer Platt/Getty Images

Is the strong economy creating credit score inflation?

Apr 30, 2019
A 740 today may not mean the same thing as a decade ago.
DAMIEN MEYER/AFP/Getty Images

Another ratings agency. Woohoo?

Jan 20, 2014
There’s a new kid on the block -- but will this agency be able to give the big boys a run for their money?

For public good, not for profit.

French credit rating slips, but national attitude is defiant

Nov 20, 2012
French bonds fell today in the wake of Moody's downgrading the nation's credit rating. So is the second largest economy in Europe shrugging its collective shoulders? Non!

France's credit rating downgraded by Moody's

Nov 20, 2012
Europe's second largest economy, France, has just had its AAA credit rating downgraded by the rating agency Moody's.

Germany's strength doesn't protect from Moody's downgrade

Jul 24, 2012
Moody's Investors Service has lowered the outlook for the credit ratings of three of Europe's strongest economies: Luxembourg, the Netherlands and Germany. It's part of a busy day in Europe that has investors on-edge -- markets there are barely moving.