“Basel Endgame”: Fixed Weight Fault Lines?
This whitepaper uses default risk estimates from global banks to highlight potential fault lines embedded in the new Basel “Endgame” proposals.
November 9, 2023
This whitepaper uses default risk estimates from global banks to highlight potential fault lines embedded in the new Basel “Endgame” proposals.
Recent bank failures and mergers have uncovered transatlantic tensions in the global banking sector. This data at a glance looks at US and EU Banks sectors. Average default risk for US Banks deteriorated for much of H2 2022 ahead of recent volatility. EU Banks default risk has been steadily improving.
This whitepaper from Credit Benchmark illustrates the global credit trends in the second quarter of 2022. Widening credit spreads show a major shift to a “risk-off” mindset, as supply shocks and rate hikes show no sign of abating. Corporate default rates are likely to spike, and across sectors correlations between default risk are changing. This whitepaper tracks these shifts across many otherwise unrated countries/sectors, as well as illustrating other global trends in Q2 2022.
A report from the Bank Policy Institute describes how Credit Benchmark data can be a tool in evaluating default risk for loans.
Default risk for US Large Oil & Gas firms remains far higher than default risk for comparative UK and EU firms.
Default risk for US Large Oil & Gas firms remains far higher than default risk for comparative UK and EU firms.
High-yield rated US and UK media companies are deteriorating rapidly, creating a growing chasm between these and investment grade firms.
German Corporates are facing accelerated credit deterioration amid economic struggles, with Consumer Goods, Healthcare, and Basic Materials hit the hardest.
Products & Tools Credit Benchmark provides a data-driven view of credit risk, offering coverage, granularity, and collective insights not available anywhere else. Credit Consensus
Credit Consensus Data on Bloomberg Free Trial Credit Benchmark Data on the Bloomberg Terminal and via Enterprise Data License Precise…
Credit Benchmark brings together internal credit risk views from over 40 leading global financial institutions. The contributions are anonymized, aggregated, and published in the form of consensus ratings and aggregate analytics to provide an independent, real-world perspective of credit risk. Risk and investment professionals at banks, insurance companies, asset managers and other financial firms use the data for insights into the unrated, monitoring and alerting within their portfolios, benchmarking, assessing and analyzing trends, and fulfilling regulatory requirements and capital.
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