(CNBC) Ratings agency Moody’s placed ratings of six U.S regional banks on review for downgrade on Thursday due to their substantial exposure to commercial real estate loans. The long-term ratings of First Merchants Corp, F.N.B. Corp, Fulton Financial Corp, Old National Bancorp, Peapack-Gladstone Financial Corp and WaFd were placed on review.
Moody’s puts six U.S. regional banks on downgrade review over commercial real estate exposure
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