Hidden leverage, new sources of complexity, contagion arise as funds evolve
Stable economic growth seen boosting bank profits, asset quality
Shift in creditor hierarchy expected to be finalized in 2026
Structure could be more widely adopted, allowing efficiency gains
Strong capital markets drive banks' results, asset quality stable
Easing market volatility to weigh on trading, clearing fees
Deal boosts data business, provides a toehold in digital finance
Banks' top revenue source to shrink alongside rates: Moody's
Assets, fees, earnings all rising as alts shake off volatility
Redistribution from poor to rich will impact corporate revenues, credit risks