China leads global drop, Canada down too, defying rich country rise
Strong capital markets drive revenues, profits higher in Q4
Sales were down 3.3% from December
The funds would give retail investors exposure to illiquid assets such as private debt, private equity and infrastructure
Economic fallout would weigh on banks' credit quality, driving loan losses
Solid results in 2024 expected to improve further, despite downside risks
Exercise will examine turmoil driven by geopolitics, trade uncertainty
Elevated mortgage rates, rising home prices and few properties on the market were to blame
Credit card balances shrink, tempering increase in mortgage borrowing
Potential for climate tipping points, feedback loops to generate systemic, economic fallout