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May 23, 2025 | The leveraged-loan restructurings known as liability management exercises (LMEs) climbed to record ...
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May 9, 2025 | Following a meeting in March, the Basel Committee on Banking Supervision cited its ongoing work in ...
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Mar 14, 2025 | Although U.S. commercial real estate is not out of the doldrums, the outlook has turned at least ...
Credit Risk Measurement: Alternatives for PD-LGD-EAD on the Horizon?
Even after 40 years, the PD-LGD-EAD framework is still going strong – but models with more power and greater predictive accuracy are lurking. Though...
Friday, February 7, 2025
IFRS 9 and Probability of Default: A Web of Confusion
The proper calculation of probability of default is crucial for European banks that need to comply with IRFS 9, the forward-looking financial...
Friday, April 11, 2025
Stress Testing: A Practical Guide
Banks and regulators remain committed to stress testing. What are the different types of tests and approaches, and what elements are necessary to...
Friday, January 31, 2020
Probability of Default: How to Pass the Jeffreys Test and Improve Predictive Ability
To back-test PD and meet the European Central Bank's validation requirements for measurement of defaults, many banks use a predictive ability tool...
Friday, September 18, 2020
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May 3, 2024 | On April 1, 2020, amid the pandemic slowdown and deteriorating liquidity conditions in the U.S. ...
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Mar 22, 2024 | Leading the charge into what has become known as private credit, private equity (PE) firms are ...