The review will help banks beef up climate planning and data gathering, Moody's says
As capital markets froze, M&A dried up and bank revenues dropped
Equity issuance plunged and debt offerings dropped in 2022, Refinitiv reported
Precious metals trader guilty of wire fraud, federal jury finds
Declines in underwriting, M&A drive 32% drop in fees, Refinitiv reports
Scenario analysis exercise will boost regulators' expertise and banks' risk management
Debt underwriting down too, led by a plunge in high-yield offerings
Pilot program in 2023 will test effects of climate risks on banks' businesses
Total of 10 traders now found guilty of manipulating futures markets
Firms didn't have adequate programs for spotting red flags