ICE Data Services Launches New Service with Credit Benchmark Data to Provide a Comprehensive, Daily Market View of Credit Risk
New analytics from ICE Data Services and Credit Benchmark measure credit risk by combining daily market credit risk analytics with monthly fundamental credit views from financial institutions. “ICE’s expertise in delivering rich fixed income analytics to the market makes them a natural collaborator with Credit Benchmark,” said William Haney, Credit Benchmark’s CEO. “Our consensus data […]
Credit Benchmark Taps Ex-Goldman Sachs CRO to Lead Advisory Board
Waters Technology reports that Credit Benchmark has appointed former Goldman Sachs chief risk officer Craig Broderick to set up and lead a new advisory board. By Max Bowie, April 25, 2019, Waters Technology To read the original article, please click the link below. View original article (external link)
UN World Happiness Report: Does High Sovereign Credit Quality = Happy People?
The UN recently released their 7th World Happiness Report, which ranks 156 countries by how happy their citizens perceive themselves to be. The results of the report are not altogether unsurprising – nations with strong social welfare systems and high GDP per capita tend to sit at the top (the Nordics take 5 of the […]
Will Chinese Investment in Italy be a Game Changer?
Recently Italy and China signed a “memorandum of understanding” announcing their intentions to work together on China’s massive investment and infrastructure project, the Belt and Road Initiative (BRI). This would make Italy the first G7 country to agree to a cooperation package under the BRI program covering transport, infrastructure and – controversially – an extension […]
Credit Outlook: US Large Consumer Goods
The charts show Credit Benchmark’s credit risk data on Large Consumer Goods companies in the US sourced from 30+ of the world’s leading financial institutions. After a period of steady deterioration, the credit outlook for US Large Consumer Goods industries has recently improved. Consumer-driven sectors have been hit by some heavy corporate debt burdens and […]
February Credit Update: Consensus Upgrades Continue to Outweigh Downgrades for Financials
Credit Benchmark has published the latest monthly credit consensus data (from January 2019) based on contributions from 30+ financial institutions, covering over 25,500 separate legal entities. The monthly upgrades and downgrades overview is now based on data adjusted for changes in contributor mix. Monthly consensus upgrades and downgrades: 365 obligors improved their credit standing by […]
Housing Association Magazine: Brexit And Its Effect On Housebuilding
David Carruthers discusses factors affecting the credit quality of the housing association sector : ”Brexit is on the horizon, and depending on the outcome, credit quality could sink. There are also the lingering effects of austerity, which has affected the affordability of social housing.” By Victoria Galligan, February 2019, Housing Association Magazine. To read the […]
Business Insider: The Credit Of British Companies Is Declining In Quality
In Business Insider, David Carruthers discusses the declining credit quality of British companies is declining in quality, and austerity and Brexit are largely to blame. The weakness of the pound — which has declined 10% since the month of Britain’s fateful referendum decision to leave the EU — hasn’t helped either, he says. By contrast, […]
Financial Times Alphaville: Taking Stock Of Venezuela’s Economic Crisis
Amid today’s total economic collapse, any internal insights into the financial situation are hard to come by. And, unless some kind of regime change takes place, the IMF will probably remain shut out of any opportunity to scrutinise the country’s finances. Venezuelans have one hope to hold on to, though: oil, which accounts for roughly […]
Bloomberg: U.K. Firms’ Finances Worsening, Internal Bank Data Shows
Bloomberg cites Credit Benchmark data in an article on UK Corporate credit risk. Bank-sourced data suggests that the financial health of UK companies is deteriorating toward a point where their debt risks being classed as junk. By Thomas Beardsworth, January 31, 2019, Bloomberg. To read the original article, please click the link below. View original […]
