SPDR S&P Regional Banking ETF (KBE 10.09, -0.60, -1.5%): Fitch ratings analyst Chris Wolfe in interview warned that agency might be forced to downgrade dozens of more banks, according to CNBC
Following up from US downgrade Fitch warns possible downgrade of major banks, incl $JPM $BAC
"What we don't know is, where does the Fed stop? Because that is going to be a very important input into what it means for the banking system".$XLF $KREhttps://t.co/0QpQgdI5Qc— Traders Community (@TradersCom) August 15, 2023