Office Property and Co-working: The COVID Effect May Persist
Co-working fills an obvious gap in the office property market, and the sector has seen exponential growth since its inception in 2005. But with a global pandemic and a possibly permanent downshift in demand for city center office space, can the co-working model survive? New consensus data shows that co-working credit quality has been one of the hardest hit segments in the office property space.
End-October 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 […]
Vaccine in Sight – Sectors to Watch
An effective COVID vaccine may be in sight, and some sectors could see major improvements in their credit quality after the major financial damage caused by the virus. But which sectors have held up well, and which have been heading towards serious trouble?
Impairment Trends: Consensus Point-in-Time Curves
The COVID-19 crisis has highlighted how sensitive banks’ impairment numbers are to changes in the economy. In a new report, we use aggregated PIT PD curves to look at the impact COVID-19 has had on banks’ forecasts of credit risk and impairment.
End-October Industry Monitor
Download the End-October Industry Monitor infographic below. Credit Benchmark have released the end-month industry update for October, 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 September End-Month Industry Monitor, the October End-Month […]
Auto Sector Credit Troubles Piling Up: October 2020
To download the October 2020 Auto Aggregate PDF, click here. The worst may not yet have arrived for the US auto industry. In fact, there were some signs of recovery in Q3. But when a smaller-than-expected drop in sales is considered a good sign, it’s no surprise the credit quality for the industry is still […]
Energy Sector Credit Quality Deterioration Continues: October 2020
To download the October 2020 Oil & Gas Aggregate PDF, click here. . Challenges in the energy sector are numerous and persistent. These challenges are perhaps most evident in the US energy sector, where strained prices and weakened demand have accompanied months of reduced travelling for professional and personal reasons. Bankruptcies are increasing. Some firms […]
US, UK Housing Sectors Continue Slow Decline in Credit Quality: October 2020
To download the October 2020 Housing Aggregate PDF, click here. . Once again, no news may be good news for the US housing sector. There are positive forces, such as interest rates for mortgages at or near record lows, and a potential trend of buyers moving away from urban areas amongst other factors that may […]
Financials Credit Risk Could Grow if Real Estate Woes Infect Wall St
Financials may be heading for more credit strain as the Real Estate sector transmits problems on Main Street into problems for Wall Street.
October Credit Consensus Indicators (CCIs) – UK, EU and US Industrials
Credit Benchmark have released the October 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 […]
