Operating environment unfavourable as risks, uncertainty, rise
Customers paid higher fees, got less interest on cash balances: FINRA
Industry has capital strength, liquidity to ride out economic headwinds
Rating agency sees an array of risks lurking under a placid surface
Rise in benchmark short-term rate to 0.75% is aimed at curbing inflation
Fitch has a neutral outlook for global banks, amid resilient economy
Growth will be challenged by a record drop in students, temporary workers
Central bank governor also touches on role in regulating stablecoins
Widespread downgrades not forecast, as companies have buffers
Unemployment rate rises to 4.6%, the highest level since 2021