DBRS examines the prospect for the Euro giant to compete with the Big Six
Transition risk low, but physical risk high as warmer world looks likely: DBRS
Deleveraging leads to improved outlook to neutral from negative
Rating activity skewed to downside in early 2025, but outlook is more balanced
Curbs on foreign workers will hurt in short run, but represent a return to pre-pandemic levels
Full implementation of post-crisis reforms in peril amid competitive concerns
Advocate's shutdown would ease legal and compliance costs, DBRS says
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