TheBlock
2023-02-21 14:51:13

Moody’s downgrades Silvergate, with outlook still negative even as big firms buy shares

Moody’s downgrades Silvergate, with outlook still negative even as big firms buy shares

Moody's downgraded the ratings of Silvergate Capital and its bank subsidiary Silvergate Bank following the downgrade of the bank's standalone Baseline Credit Assessment to b2 from ba3.

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