Banks, insurers tend to benefit from higher rates even as financial stress builds, rating agencies say
Defaults expected to rise in early 2024 before easing in second half
Declining net interest income and rising credit stress to weigh on results in 2024
Disruption to key global shipping lanes has varied credit impacts, DBRS says
U.S. banks are set to report brighter investment banking and trading revenue, a report says
Relaxing mortgage rules could help borrowers but also boost credit risks
The ratings agency says the provinces have strong fiscal discipline
Higher capital levels would give the banks a bigger cushion, given the weaker economic outlook, report says
Solid balance sheets, low leverage, likely to leave ratings unaffected
The rating agency cited slowing economic growth and the property crisis