Declining net interest income and rising credit stress to weigh on results in 2024
Boosting defences to deal with vastly more powerful tech poses a challenge, Fitch says
Relaxing mortgage rules could help borrowers but also boost credit risks
Solid balance sheets, low leverage, likely to leave ratings unaffected
Revenues were down slightly in Q4, while expenses and loan provisions were up
Fitch affirms traditional managers' ratings, despite challenging conditions
Tighter financing environment, declining economic growth to drive defaults
Continued diversification into market data, analytics will support exchanges' profits
Rating agency sees modest profit improvement ahead for industry
Outlook shifts to neutral as banks adapt to higher rate environment