Strong 2025 has banks poised to face trade, economic challenges
Tepid growth expectations, downside risks weigh on banks' fortunes
Proposed changes could free up capital for lending, investment
Borrowers took advantage of reduced volatility, lower rates to refinance debt
Certain delinquency rates rising, but credit losses look manageable
Trade tensions, geopolitical worries weighing on loan demand, underwriting
Credit wobbles aside, net interest income, capital markets revenues up
Guidance addresses open-ended loan origination funds
U.S. bank earnings may come under pressure from ties to non-banks
Strong capital markets drive banks' results, asset quality stable