Moody's on Monday downgraded the long-term ratings of top American lenders such as JPMorgan Chase , Bank of America and Wells Fargo , after pushing the U.S. out of top triple-A rating club over its burgeoning $36 trillion debt.

Moody's Ratings on Monday downgraded the deposit ratings at some units of megabanks JPMorgan Chase (NYSE:JPM), Wells Fargo (NYSE:WFC) and Bank of America (NYSE:BAC), owing to the bond grader's recent cut to the U.

U.S. bank stocks drew retail attention on Monday after Moody’s downgraded the long-term deposit ratings of Bank of America (BAC), Wells Fargo (WFC), and JPMorgan Chase & Co. (JPM) on concerns over the government’s ability to provide support.