
Downgrades by Moody’s point up the ongoing, post-SVB review of bank risk by investors and corporate treasury. Moody’s this week downgraded 10 regional banks and took other actions that underscore that a banking crisis ignited by the collapse of Silicon Valley Bank five months ago has changed how the world—including corporate risk managers—views the creditworthiness of banks. The failure of SVB and other institutions has triggered a widespread review of credit risk policies and led to changes within many finance organizations. One indicator of…