Bank failed in its dealings with customers facing financial distress
Economic, financial pressures combined with industry-specific factors drive defaults
Loan growth slowing as property values drop, lending standards tighten
Defaults, delinquencies poised to rise for rate-sensitive borrowers
Benchmark reform creates opportunity for vehicles that flopped in the financial crisis
Net interest margins shrink as loans contract, deposit costs rise
Rate environment remains the key downside risk to credit card sector's outlook
Highly-indebted countries could face a negative feedback loop
Risk-transfer vehicles to perform better now than in financial crisis
Rising refinancing risk, weaker valuations portend further loan losses