Numerous secular tailwinds are underway; these include growth in areas such as: (i) digital payments (cryptocurrencies, contactless, mobile payments), (ii) buy now, pay later, (iii) software & mobile solutions, and (iv) increased ecommerce adoption.
Fitch Ratings anticipates continued pandemic recovery for the Media & Entertainment sector in 2022, although at a decelerating pace that will vary depending on structural difficulties affecting each media subsector.
Factors that could affect the industry's trajectory include continuing supply chain constraints and capacity growth, regulatory scrutiny delaying M&A transactions, inflationary pressure, and geopolitics influencing supply chain evolution with potential to disrupt the global technology supply chain.
Fitch's U.S. bank sector outlook for 2022 is neutral compared to 2021 (negative), reflecting its expectation that bank fundamentals will begin to normalize in 2022. Although the sector outlook for 2022 is neutral, the key risks confronting U.S. banks are notably different from those confronting the sector in 2021.
Under a comprehensive new draft supervisory guidance suggested by the Office of the Comptroller of the Currency (OCC), a leading US banking regulator, large U.S. banks would be required to include climate financial risk assessments into every part of their operations. The OCC said it was soliciting feedback on draft principles for bank supervisors assessing...
Despite how bleak the legal market appeared in the early days of the global pandemic; it has shown to be quite resilient. Demand for legal services touched record year-over-year levels in the third quarter of 2021, allowing law firms to boost their fees, while productivity levels reached their greatest third-quarter levels in three years. Market...
