Financial institutions well positioned to weather declining credit quality, Fitch says
2024 default rate could rise to 2% or more, warns Fitch Ratings
Banks have capital, earnings to absorb rising credit losses
Traditional managers see ESG bona fides as competitive advantage
Government-controlled companies to play big role in low-carbon transition
Efforts to curb greenwashing, boost transparency could lead to outflows, Fitch says
As slower growth hits corporate balance sheets, financial stress to materialize
Headwinds mount, dragging down the outlook for the world's major economies
Spike in market volatility likely to hurt fee revenues, investor confidence
Reserve portfolios that back stablecoins are becoming more conservative, a report said