Diversification, strong financials underpin global asset managers: Fitch
On their own, changes are "neutral", but could be "negative" alongside other efforts to relax banks' capital demands, Fitch Ratings says
Sharply higher defence spending likely to drive increased bond issuance: NBF
Softer growth, slumping job market seen slowing household consumption
Corporate cash flow, liquidity under pressure amid deteriorating fundamentals
Deteriorating economic outlook weighing on credit conditions for North American companies
Tweaking leverage ratio would reduce banks' capital, but boost U.S. Treasury liquidity
Fallout from trade war leads to gloomier outlooks for banks in five markets, along with global fund managers
Some have boosted dividends while also adding provisions for credit losses
AUM in its global wealth management segment rose 9% year over year to $380B