San Antonio's Frost Bank faces possible credit downgrade over recession fears
The credit rating of San Antonio-based Frost Bank is under review, and two other Texas banks have already been downgraded by Moody's as the rating agency raises the alarm about a potential recession and rising loan defaults. The Moody's downgrades comes after three regional banks collapsed during the spring, sparking fears of a financial meltdown in the United States. Moody's revealed its review of Frost, which employs 4,600 people in the Alamo City, in a report released Tuesday.
Recent Posts
Have a question for former San Antonio Mayor Ron Nirenberg? Just ask him on Facebook.
More Texans have signed up for ACA health coverage despite expiring subsidies and falling national enrollment
Gov. Greg Abbott claims San Antonio immigrant rammed ICE vehicles, injured agent
City Council to hold public comment session this Wednesday on San Antonio ICE enforcement
Gubernatorial candidate Gina Hinojosa making San Antonio campaign stop Thursday
Singhs Vietnamese poised to take over former Noodle Tree location
Restaurant at San Antonio’s historic Gunter Hotel offering chef-curated menu for dogs
Beware the motives of Joe Rogan and others who dismiss the importance of activismÂ
Texts among Kerr County officials show confusion about missing campers during July 4 floods
News Quiz: How far will John Cornyn debase himself for Trump’s endorsement?
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "