The pandemic's impact surpasses the rating agency's previous expectations
GDP forecasts slashed, worldwide contraction possible
Covid-19 effects dragging down revenues, raising credit loss expectations
Outbreak effects that were absent in Q1 will dictate banks' performance in 2020
Efforts to combat the economic fallout are likely to weaken government finances
Extraordinary policy actions give banks and markets time to adjust to the pandemic's effects
The outbreak is hurting the global economy — and oil prices in particular
The coronavirus will negatively affect big banks' capital markets revenues, Fitch Ratings says
A new report suggests that easing housing market curbs could boost banks' credit risks
Rating outlooks are stable as key risks subside