Mar 27, 07:50 PM

S&P Global Downgrades Outlook of 5 US Regional Banks to 'Negative' Over Real Estate Exposures: First Commonwealth, M&T, Synovus, Trustmark, Valley National

S&P Global Ratings has downgraded the outlooks of five regional US banks to 'negative' due to their high exposures to commercial real estate loans. The affected banks include First Commonwealth Financial Corp., M&T Bank Corp., Synovus Financial Corp., Trustmark Corp., and Valley National Bancorp.

#US #Valley National Bancorp

Written with ChatGPT (GPT-3).