As the Silicon Valley Bank (SVB) crisis sends panic waves across the US banking sector, pulling along other banks in its mayhem, it has come to light that ratings agency Moody’s had given the lender an ‘A’ rating prior to its collapse. After the failure of SVB made news, Moody’s subsequently downgraded the start-up lender and pushed it to ‘junk’ category, indicative of the bank’s extremely poor financial health.