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Bank Watch (June 21-27): Emigrant Bank’s Commercial Book Leads to Downgrade

Fitch Ratings downgraded the long-term issuer default ratings of Emigrant Bancorp Inc. to 'B-'. In addition, Emigrant's subsidiary Emigrant Bank's long-term and short-term issuer default ratings were downgraded to 'B' and 'B', respectively. Fitch also...

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This post was syndicated from National Commercial Real Estate News From CoStar Group.

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