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America's banking sector is in a state of flux after ten regional firms had their credit ratings slashed by Moody's.
Moody's Investor Service Inc. is putting the United States banking system on notice.
Moody's on Monday cut the credit ratings of a host of small and mid-sized U.S. banks and placed several Wall Street big names on negative review.
Ten regional banks have had their credit ratings slashed by risk assessment firm Moody's - which warned it was considering downgrading a further six.
US stocks are falling as concerns about the banking system and the global economy force more caution into financial markets worldwide.