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
Amid growing financial strains, default volume has almost doubled
High interest rates boost firms' profits, capital positions
Across advanced economies, lending demand slowed sharply
Amid higher interest rates, rising debts, payment struggles surge