Declining bank liquidity to translate into tougher credit conditions, Fitch says
Policymakers to consider reforms in wake of U.S. bank turmoil
Revenues and earnings are expected to slump alongside GDP
The value of bonds at higher risk is swelling, with the default rate expected to rise in 2024
Rating agency now expects prices to average US$85 per barrel this year
Sector's competition, regulation and risk will all be transformed, Fitch says
Contagion risks flow in both directions between traditional finance and decentralized finance
Lawsuits, rising regulatory, reputation risk could accelerate economic transition
Both supply and demand factors contributing to rosier outlook, Fitch says
Regulators prevented bank runs in wake of SVB, but rating agencies say funding and liquidity problems persist