Deal for Cowen increases exposure to capital markets and adds to integration risk, the rating agency said
Risks tilted to the downside, even as positive rating action outpaced negative in Q2
Wildfires and drought mean higher costs, lower revenues and social risks for governments
Systemic stress looks low as global monetary conditions tighten
Crypto push having unintended negative consequences for government finances
Rating agency affirms Big Six ratings, upgrades Scotia's outlook
Political shifts challenge economic and financial stability
Financial institutions well positioned to weather declining credit quality, Fitch says
2024 default rate could rise to 2% or more, warns Fitch Ratings
Banks have capital, earnings to absorb rising credit losses