Tech Insider
first republic bank
Moody's put First Republic's bonds on downgrade watch Monday.

Justin Sullivan/Getty Images

  • Ratings agency Moody's has put First Republic and Western Alliance under review for possible downgrade.
  • Shares in the regional banks cratered Monday as Silicon Valley Bank's collapse rattled markets.
  • The agency warned six institutions could suffer bank runs that could stop them repaying their debts.

Moody's Analytics has put First Republic and Western Alliance on review for a possible downgrade as the sudden collapse of SVB threatens the health of regional US banks.

Tags
Markets, MI Exclusive, Bonds, SVB, SVB collapse, Silicon Valley Bank, Silicon Valley Bank collapse, First Republic, Western Alliance Bancorp, Moody's, Moody's Analytics, Stock Market Analysis, Stock Market Outlook, Stock Market Strategy, Investing Analysis, Investing Outlook, Investing Strategy
Source
SVB-rattled banks First Republic and Western Alliance go on downgrade watch at …