The funds would give retail investors exposure to illiquid assets such as private debt, private equity and infrastructure
Economic fallout would weigh on banks' credit quality, driving loan losses
Solid results in 2024 expected to improve further, despite downside risks
Exercise will examine turmoil driven by geopolitics, trade uncertainty
Elevated mortgage rates, rising home prices and few properties on the market were to blame
Credit card balances shrink, tempering increase in mortgage borrowing
Potential for climate tipping points, feedback loops to generate systemic, economic fallout
New loan-level data shows majority of mortgages to renew in next two years, most at higher rates
Smaller banks less diversified than Big Six, but still poised for growth
The average selling price declined 1.6% on an annual basis