The Robinhood Affair: Are Retail Brokers the Weakest Link?
How do the major players in the GameStop short squeeze compare from a credit perspective? While some firms have multiple agency ratings, many are mainly unrated. Consensus data can fill some key gaps in risk management for all players in this complex network.
January Credit Consensus Indicators (CCIs) – UK, EU and US Industrials
Credit Benchmark have released the January Credit Consensus Indicators (CCIs). The CCI is an index of forward-looking credit opinions for US, UK and EU Industrials based on the consensus views of over 20,000 credit analysts at 40 of the world’s leading financial institutions. Drawn from more than 800,000 contributed credit observations, the CCI tracks the […]
The Covid Year: Review of Credit and Solvency Trends in 2020
The 2020 pandemic brought various forms of disruption and hardship, and Governments and businesses around the world had to rely on trial and error to find the best response. There have been some high-profile corporate winners – and many losers. This report shows the key credit and solvency trends that emerged in 2020 and provides some pointers towards what we can expect in 2021.
‘Fallen Angels’ in Hard-Hit Travel Sector Stage a Recovery
As one of the industries most impacted by the COVID-19 pandemic, 44% of global Travel & Leisure companies with a Consensus rating fell from investment grade to high yield in 2020. Some of these companies have shown resilience however, with nearly 10% of these ‘fallen angels’ migrating back into investment grade at a later point in the year.
Last Year’s COVID Waves May Lead to This Year’s Default Tsunami for UK Corporates
Government support for UK businesses is due to end in early 2021, leaving many at-risk companies in debt. A significant increase in default rates may be observed as credit becomes less available. New research from Credit Benchmark shows that UK corporates have a ~20% higher chance of defaulting in 2021 compared to a year ago, suggesting that 1 in 150 companies will default this year.
January 2021 Bank & Subsidiary Monitor
Request your free copy of the latest Bank & Subsidiary Monitor below. Risk isn’t always where you think it is. When you are dealing with any global institution, the risk doesn’t always reside with “the name over the door” – nor necessarily in the jurisdiction that you think you are doing business in. Understanding the […]
End-December 2020 Financial Counterpart Monitor
The Financial Counterpart Monitor from Credit Benchmark provides a unique analysis of the changing creditworthiness of financial institutions. The report, which covers banks, intermediaries, buy-side managers, and buy-side owners, summarizes the changes in credit consensus of each group as well as their current credit distribution and count of entities that have migrated from Investment Grade […]
End-December Industry Monitor
Download the End-December Industry Monitor infographic below. Credit Benchmark have released the end-month industry update for December, based on the final and complete set of the contributed credit risk estimates from 40+ global financial institutions. In the update, you will find: Compared to the figures seen in the November End-Month Industry Monitor, the December End-Month […]
Energy Sector Credit Deterioration Carries On: December 2020
To download the December 2020 Oil & Gas Aggregate PDF, click here. . Problems in the energy sector are far from new, and are continuing to worsen slightly each month. This is particularly true for the US and UK energy sectors which have seen a great deal of volatility and distress in the last year […]
December Credit Consensus Indicators (CCIs) – UK, EU and US Industrials
Credit Benchmark have released the December Credit Consensus Indicators (CCIs). The CCI is an index of forward-looking credit opinions for US, UK and EU Industrials based on the consensus views of over 20,000 credit analysts at 40 of the world’s leading financial institutions. Drawn from more than 800,000 contributed credit observations, the CCI tracks the […]
