Bank has positive momentum across all businesses, BMO says
Downgrades still outnumber upgrades, but the gap is narrowing
Stress at Dutch parent could impair Canadian franchise
Low leverage, superior liquidity positions and strong sponsorship support credit ratings
Proposals intended to improve the reliability and integrity of the ratings process
Some additional ratings on individual insurers would need to be downgraded
Deterioration in credit quality a concern, rating agency says
Rating actions forecast to be predominately negative through the next 18 months
Ratings supported by earnings diversity