Robust consumer spending is fuelled by credit growth, report says
Rising defaults a symptom, not the cause, of macro stress, Moody's finds
Defaults expected to rise in early 2024 before easing in second half
Global issuance for 2024 is estimated at US$950 billion
Policymakers to implement consolidated tapes, ban payments for order flow
SEC approval clears the way for mainstream industry to get into crypto, but risks remain
U.S. banks are set to report brighter investment banking and trading revenue, a report says
Higher capital levels would give the banks a bigger cushion, given the weaker economic outlook, report says
Deposits continue to feel the strain since U.S. bank failures in the spring, Moody's says
Recent ransomware attack highlights financial sector's vulnerability