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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Morning Brew
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Moody's downgrades US banking system; Meta lays off thousands

And BlackRock makes massive investment in African windfarm.

Moody's has downgraded the US banking system.

Dita De Boni Wed, 15 Mar 2023

Welcome to Wednesday – and our wrap of business and political news from around the world overnight.  

Moody’s Investors Service has cut its view on the US banking market to negative from stable “to reflect the rapid deterioration in the operating environment following deposit runs at Silicon

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Dita De Boni Wed, 15 Mar 2023
Contact the Writer: dita@nbr.co.nz
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Moody's downgrades US banking system; Meta lays off thousands
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