Large European Banks Well-Positioned to Weather Economic Slowdown Fitch Ratings-London-22 Dec 2022: The majority of large European banks are in a good position to weather the slowdown in economic growth in 2023, and the impact it will have on the quality of their assets, Fitch Ratings says.  We anticipate only a minor decrease in their impaired loan ratios in 2023 because significant proportions of their loans are residential mortgage loans , which have proven to be resilient over the course of time in many countries, and underwriting standards are being tightened in the wake of previous crises. Biden is playing…