First Republic Bank cut to junk status by S&P on deposit outflow risk

[JackSeal]

First Republic's stock is tumbling, and so is its credit rating. S&P Global Ratings downgraded the bank's rating by four notches to BB+ on Wednesday. The change gave the bank's speculative grade, or “junk” status. Before the move, First Republic was deemed an A- credit, or solidly investment-grade.

[Pandubabu]

5 minutes ago, JackSeal said:

First Republic's stock is tumbling, and so is its credit rating. S&P Global Ratings downgraded the bank's rating by four notches to BB+ on Wednesday. The change gave the bank's speculative grade, or “junk” status. Before the move, First Republic was deemed an A- credit, or solidly investment-grade.

Mana DB lo evaro dip konnaru 

[ALFANI]

i bought few shares at 40..chudalu emitundo..avg or take loss ?