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Company: DBRS

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Oil shock, negative knock-on effects are the main risks for banks: DBRS

Piggybank under an umbrella

Deposit costs will ease, but it will take time for banks' margins to improve

Concept of real estate, mortgage and lease

Latest federal government reforms will be more effective than previous budget pronouncements

Man on dollar cloud

Federal deficit would suffer under both presidential candidates' fiscal proposals, though more so under Trump's, DBRS projects

Pension saving

Funds shifting asset allocations away from offices, toward private credit

Building graph

Effects likely to be focused on weaker, low-rated issuers

FSB, Basel Committee have long warned of tech risk in financial sector

Modern urban skyscrapers in downtown Chicago from below to the blue summer sky. Sun reflecting in the glass facades of the urban futuristic buildings. Chicago, Illinois, USA

DBRS estimates $27 billion in capital needed to keep ratios at current levels

dominos falling

Regulators expected to get tough on non-compliance with climate-related obligations

Rate cuts remain data dependent as growth cools, recession avoided