Transition risks ease in short-term, but longer term threats loom
Economic fallout would weigh on banks' credit quality, driving loan losses
Solid results in 2024 expected to improve further, despite downside risks
Competition may get a boost, but Big Six will remain dominant
Exercise will examine turmoil driven by geopolitics, trade uncertainty
Investment banking pipeline looks healthy, trading activity should benefit too
Smaller banks less diversified than Big Six, but still poised for growth
Economic outlook supportive for banks, but risks are all to the downside
Despite intensified uncertainty, risk landscape is largely stable
Tariff threats cloud an otherwise positive North American outlook