Bank failures led to the largest growth in non-deposit borrowing on record
Banks have lower exposure to fixed-income securities and sufficient liquidity, DBRS says
Russia, China drove surge in defaults last year
Regulators prevented bank runs in wake of SVB, but rating agencies say funding and liquidity problems persist
Geopolitical tensions and OPEC+ to keep prices elevated in short term
Governments can't curb borrowing as energy crisis, inflation persist
Despite risks, lure of flows, revenues expected to keep managers keen on green funds: Fitch
Growing share of global companies to confront rising transition risks
Big Four Canadian life insurers report near-record profits for 2022, DBRS says
Less diversified, riskier loan portfolios leave banks more vulnerable to downturn