An economist explains why the recent credit rating downgrades for major U.S. banks might not carry a big impact.

Moody's on Monday downgraded the long-term ratings of top American lenders such as JPMorgan Chase , Bank of America and Wells ...

The US is no longer a triple-A sovereign credit, but top banks think investors are focused on other market narratives, with ...

Moody’s Ratings downgraded the United States’ debt on Friday, stripping the country of its last perfect credit rating. The ...

The yield on both 10 and 30-year government bonds rose on Monday after another credit ratings agency downgraded the US on ...

Risks include a potential recession and declining federal fund rates, which could negatively impact the bank's earnings and net interest income. Bank of America (NYSE:BAC) beat consensus earnings ...

Here, we can see that Bank of America is closer to the middle of the pack - and I think this is another reason to downgrade the stock from my prior rating ... an unfavorable impact on the stock.

Bank of America analysts gushed over Barclays’ first-quarter performance, reiterating their ‘buy’ rating on the stock. Analysts said that while geopolitical-related concerns ahead of results ...