Credit conditions expected to improve, but risks abound, S&P says
U.S. bank failures possible, particularly for smaller banks with higher exposures
Proposals aim to improve quality, transparency of credit ratings
Canadian Bankers Association said it will assess the new policy when revealed
European regulator said violations involved conflicts of interest
High interest rates, slowing growth pose major challenges
Highly-indebted countries could face a negative feedback loop
Regulator reluctant to intervene despite competition concerns
Financial strains continue amid high rates, but recession risk receding
Banks, insurers tend to benefit from higher rates even as financial stress builds, rating agencies say