Anthony Moro, CEO of Provenance Blockchain Foundation, joins us to talk about the technology and infrastructure developments shaping the future of financial asset tokenization. Speakers: Rajeev Bamra, SVP and Head of Strategy, Moody’s Ratings; Anthony Moro, CEO, Provenance Blockchain Foundation Host: Danielle Reed, VP – Senior Research Writer, Mood…

Moody’s analysts explore green finance, discussing greenwashing risk, the EU green loan market, and how clear standards and rules – and blockchain technology – could play a positive role. Speakers: Michael Dion, VP – Senior Analyst, Moody’s Ratings; Alberto Postigo, VP – Senior Credit Officer, Moody’s Ratings; Abhi Srivastava, AVP Analyst, Moody’s …

Basel 3.1 reforms will lead banks to apply high haircuts to unsustainably high property values and adjust mortgage risk weights to better differentiate between low-risk and high-risk loans. Speakers: Alexander Zeidler, VP-Sr Credit Officer at Moody's Ratings; Guillaume Lucien-Baugas, VP-Senior Analyst at Moody's Ratings Hosts: Aaron Johnson, VP-Sen…

As cyberattacks rise and AI poses new dangers, Moody’s analysts discuss banks’ own views of their cybersecurity defenses and explain the EU’s plan to rein in risks from third-party tech providers. Speakers: Lucas Viegas, VP-Senior Analyst, Moody’s Ratings; Brandon O’Halloran, AVP-Analyst, Moody’s Ratings Host: Danielle Reed, VP – Senior Research Wr…

Our 2024 Banking System Outlooks show more European systems joining the US on negative as economies slow and loan performance weakens. China stays negative, while India is positive. Speakers: Warren Kornfeld, Senior Vice President, Moody’s Ratings; Effie Tsotsani, VP-Senior Analyst, Moody’s Ratings; Juwon Lee, VP-Senior Analyst, Moody’s Ratings Hos…

Swedish lender Klarna’s AI assistant is driving material credit improvement this year. In the US, disclosures from Wells Fargo point to what’s ahead for banks’ commercial real estate loan performance. Speakers: Stephen Tu, VP-Senior Credit Officer, Moody’s Ratings; Allen Tischler, Senior Vice President, Moody’s Ratings Host: Danielle Reed, VP – Sen…

Over the next several years private credit in Europe will grow, largely because of companies’ substantial refinancing needs. But banks are already fighting to gain back market share. Speakers: Guillaume Lucien-Baugas, VP-Senior Analyst, Moody’s Ratings; Jeanine Arnold, Senior Vice President, Moody’s Ratings Host: Danielle Reed, VP – Senior Research…

We discuss the severe thunderstorms' rising insured costs. Plus: Earnings weakness in the Medicare Advantage business and US commercial real estate exposure of German banks. Speakers: Bernhard Held, VP-Sr Credit Officer, Moody’s Investors Service; Dean Ungar, VP-Sr Credit Officer, Moody’s Investors Service; Evelyn Ocas Salazar, AVP-Analyst, Moody’s…

Steve Tu, Farooq Khan and Petr Paklin of Moody's, with Joe Lyons of Bitsight, on how AI will change banks; On Fast Finance, we discuss Evergrande's liquidation and upcoming FHLBank reforms. Speakers: David Yin, VP – Senior Credit Officer, Moody’s Investors Service; Allen Tischler, Senior Vice President, Moody’s Investors Service; Stephen Tu, VP – S…

Cristiano Ventricelli explains how recent improvements to digital finance systems could help them gain scale. Plus, we discuss BlackRock’s recent acquisition and the SEC’s approval of spot Bitcoin ETFs. Speakers: Abhi Srivastava, AVP – Analyst, Moody’s Investors Service; Neal Epstein, VP-Senior Credit Officer, Moody’s Investors Service; Cristiano V…

Our global outlook for the sector remains negative for 2024, but the picture for non-bank finance companies is more varied than a year ago, with easing conditions in some markets and businesses. Speakers: Bruno Baretta, AVP – Analyst, Moody’s Investors Service Host: Michael Porta, VP – Senior Research Writer, Moody’s Investors Service…

Weak results in personal lines drive the negative outlook for property and casualty insurance, while life insurance benefits from higher interest rates. Speakers: Bruce Ballentine, VP – Senior Credit Officer, Moody’s Investors Service; Christian Badorff, VP – Senior Credit Officer, Moody’s Investors Service Hosts: Danielle Reed, VP – Senior Researc…

James Eck and Brandan Holmes explain how rising physical climate-related claims complicate insurers' risk management; Olivier Panis discusses benefits for banks of enhanced climate change reporting. Speakers: Olivier Panis, Senior Vice President, Moody’s Investors Service; James Eck, VP-Senior Credit Officer, Moody’s Investors Service; Brandan Holm…

The boost banks have enjoyed for the last two years will start to fade as high rates translate into higher funding costs and lower growth. But the outlook for banks is not so gloomy everywhere. Speaker: Felipe Carvallo, VP-Senior Credit Officer, Moody’s Investors Service Host: Erin McDermott, AVP – Research Writer, Moody’s Investors Service…

Reduced economic growth could lower financial institutions’ profitability, but there are also opportunities to sell retirement products and new forms of insurance. Speakers: Qian Zhu, VP-Senior Credit Officer, Moody’s Investors Service; Kelvin Kwok, AVP-Analyst, Moody’s Investors Service Hosts: Danielle Reed, VP – Senior Research Writer, Moody’s In…

Moody’s analysts discuss how lenders are managing the risks created by the end of the low-interest-rate era, and explore the favorable funding and liquidity characteristics of universal banks. Speakers: Yasuko Nakamura, VP – Senior Credit Officer, Moody’s Investors Service; Edoardo Calandro, VP – Senior Credit Officer, Moody’s Investors Service Hos…

Private credit lenders built stores of capital that we expect will be put to work competing with banks to fund a new wave of leveraged buyouts. In the first segment of this episode, we discuss LBO competition and the risks it poses. Later, our guest lays out the concentration of private credit among a handful of giant asset managers building their …

Moody’s analysts C.J. Wong and Yulia Wan discuss ongoing real estate market weakness in China and Vietnam, and explain how the credit effects will differ in each country. Speakers: C.J. Wong, Analyst, Moody’s Investors Service; Yulia Wan, VP-Senior Analyst, Moody’s Investors Service Hosts: Danielle Reed, VP – Senior Research Writer, Moody’s Investo…

Moody’s analysts Marat Faritov and Cristiano Ventricelli discuss how digital bonds could reshape debt markets, and the hurdles to be overcome before the technology can be more widely adopted. Speakers: Marat Faritov, AVP – Analyst, Moody’s Investors Service; Cristiano Ventricelli, AVP – Analyst, Moody’s Investors Service Host: Danielle Reed, VP – S…

Moody’s analysts Laline Carvalho-Neff and James Eck explain how reinsurers have boosted their profitability, even as natural catastrophes have grown more frequent and more severe. Speakers: Laline Carvalho-Neff, VP-Senior Analyst, Moody’s Investors Service; James Eck, VP-Senior Credit Officer, Moody’s Investors Service Hosts: Danielle Reed, VP – Se…

Moody’s analysts discuss how a rate rise would affect Japan’s banks, Swedish banks’ high exposure to indebted real estate firms, and the stability of Swiss domestic bank deposits. Speakers: Tetsuya Yamamoto, VP – Senior Credit Officer, Moody’s Investors Service; Louise Welin, VP – Senior Credit Officer, Moody’s Investors Service; Goetz Thurm, VP Se…

Moody’s analysts discuss the economic and credit outlook for China, including the role of local government financing vehicles (LGFVs) and their debt burdens, and the latest on the property sector. Speakers: Lillian Li, VP-Senior Credit Officer, Moody’s Investors Service; Jessie Tung, VP-Senior Credit Officer, Moody’s Investors Service Host: Vittori…

Steve Tu discusses FedNow, a new US digital payments system, and why it could exacerbate deposit flight risk for banks. Farooq Khan explains the risks of higher interest rates for UK mortgage lenders. Speakers: Stephen Tu, VP – Senior Credit Officer, Moody’s Investors Service; Farooq Khan, VP – Senior Analyst, Moody’s Investors Service Hosts: Danie…

Moody’s analysts David Burger, Mark Wasden and Neal Epstein explain how differences in structure and asset risk give rise to divergent credit profiles among the three investment vehicles. Speakers: David Burger, VP – Senior Credit Officer, Moody’s Investors Service; Mark Wasden, Senior Vice President, Moody's Investors Service; Neal Epstein, VP – S…

Moody's Marc Pinto talks to Guggenheim Partners Investment Management’s Anne Walsh about big risks – and opportunities – for insurers, asset managers and institutional investors. Speakers: Marc Pinto, Managing Director, Moody’s Investors Service; Anne Walsh, Chief Investment Officer, Guggenheim Partners Investment Management Host: Danielle Reed, VP…

US life insurers have significant commercial real estate exposure, mitigated by a low share of holdings in office properties and high share of investments in senior investment-grade fixed income. Speakers: Evelyn Ocas Salazar, AVP-Analyst, Moody’s Investors Service; Manoj Jethani, VP-Senior Credit Officer, Moody’s Investors Service Host: Danielle R…

Vladlen Kuznetsov explains why banks in emerging markets are exposed to environmental risks, and Laline Carvalho-Neff discusses global reinsurers' strong first-quarter results. Speakers: Vladlen Kuznetsov, AVP – Analyst, Moody’s Investors Service; Laline Carvalho-Neff, VP – Senior Analyst, Moody’s Investors Service Hosts: Danielle Reed, VP – Senior…

In this episode, we discuss China’s stabilizing property sales and improving funding conditions.Then at 9:00, we look at Chinese insurers’ and banks’ exposure to the country’s property sector. Guests: Kelly Chen from the Corporate Finance Group of Moody’s Investors Service, and Qian Zhu and Yulia Wan from the Financial Institutions Group. Host and …

Jerome Cheng and Tengfu Li discuss how China’s economic rebound will support residential mortgage-backed securities and a handful of Asia-Pacific banking systems with close ties to the country. Speakers: Tengfu Li, AVP – Analyst, Moody’s Investors Service; Jerome Cheng, Associate Managing Director, Moody’s Investors Service Hosts: Danielle Reed, VP…

Jill Cetina explains the main risks we are watching for US banks following recent rating actions. Plus, a cross-regional look at how central bank digital currencies could transform payments. Speakers: Melina Skouridou, VP – Senior Analyst, Moody’s Investors Service; Lucas Viegas, VP – Senior Analyst, Moody’s Investors Service; Vincent Gusdorf, SVP,…

Moody's analysts discuss high-profile departures from the Net Zero Insurance Alliance, plus increasing GCC bank mergers, and why Japan's largest banks can resist US banking sector stress. Speakers: Tetsuya Yamamoto, VP – Senior Credit Officer, Moody’s Investors Service; Francesca Paolino, Analyst, Moody’s Investors Service; Brandan Holmes, VP – Sen…

Moody’s analysts discuss accelerating electric vehicle sales’ effects on US auto insurers and auto finance captives, and implications for state fuel taxes. Speakers: Matthias Heck, VP – Senior Credit Officer, Moody’s Investors Service; Inna Bodeck, VP – Senior Analyst, Moody’s Investors Service; Jasper Cooper – VP – Senior Credit Officer, Moody’s I…

Moody’s analysts discuss the rescue of Credit Suisse, and explain why some fintechs have thrived even in adversity. Also, a look at the ongoing effects of the Russia-Ukraine conflict on CIS banks. Speakers: Michael Rohr, Senior Vice President, Moody’s Investors Service; Dietmar Hornung, Associate Managing Director, Moody’s Investors Service; Vladle…

Moody’s analysts discuss recent developments in the US and European banking systems, the implications for monetary policy and potential spillovers to emerging markets across the globe. Speakers: Donald Robertson, AMD – Financial Institutions, Moody’s Investors Service; Nick Hill, MD – Financial Institutions, Moody’s Investors Service; Eugene Tarzim…

Moody's analysts discuss how emerging markets banks have evolved to compete with new entrants, and explain why fintechs globally are on shakier financial ground. Speakers: Stephen Tu, VP – Senior Credit Officer, Moody’s Investors Service; Alexandre Albuquerque, VP – Senior Analyst, Moody’s Investors Service; Petr Paklin, AVP – Analyst, Moody’s Inve…

We explore this year’s outlook for crypto and digital asset firms, and check in on financial repercussions a year after Russia's seizure of leased aircraft. Speakers: Benjamin Serra, SVP, Moody’s Investors Service; Mark Wasden, SVP, Moody’s Investors Service; Jayesh Joseph, AVP – Analyst, Moody’s Investors Service; Vincent Gusdorf, SVP, Moody’s Inv…

Helena Kingsley-Tomkins explains what’s behind insurance outlooks in Europe. In Fast Finance: troubles in real estate extend to Vietnam’s banks, and a look at Indian banks’ exposure to Adani Group. Speakers: Srikanth Vadlamani, VP – Senior Credit Officer, Moody’s Investors Service; Joyce Ong, AVP – Analyst, Moody’s Investors Service; Helena Kingsle…

Tomoya Suzuki talks about the digital payments push in Japan, and Rebecca Tan explains why the outlook is brighter for India’s public sector banks. Speakers: Tomoya Suzuki, VP – Senior Analyst, Moody’s Investors Service; Rebecca Tan, VP – Senior Analyst, Moody’s Investors Service Hosts: Jun Yang, AVP – Research Writer, Moody’s Investors Service; Da…

Moody's analysts discuss crypto asset regulation, credit developments at Silvergate Bank and foreign currency fluctuation risks for emerging markets banks and Asia-Pacific financial institutions. Speakers: Stephen Tu, VP – Senior Credit Officer, Moody’s Investors Service; Sadia Nabi, VP – Senior Analyst, Moody’s Investors Service; Eugene Tarzimanov…

Bruno Baretta explains how weak macroeconomic conditions are increasing credit risk for finance companies globally despite a possible profitability boost for some companies from rising interest rates. Speaker: Bruno Baretta, AVP – Analyst, Moody’s Investors Service Hosts: Michael Porta, VP – Senior Research Writer, Moody’s Investors Service; Daniel…

Claims inflation and higher reinsurance costs loom large in the outlook for P&C insurance, while life insurers see enough benefit from higher interest rates to offset economic turbulence, for now. Speakers: Manoj Jethani, VP – Senior Credit Officer, Moody’s Investors Service; Christian Badorff, VP – Senior Credit Officer, Moody’s Investors Service …

Against an uncertain global economic backdrop, hosts Carolyn Henson and Michael Porta talk to Moody’s analysts Edoardo Calandro, Rita Sahu and Nicholas Zhu about prospects for global banks in 2023. Speakers: Edoardo Calandro, VP – Senior Credit Officer, Moody’s Investors Service; Rita Sahu, VP – Senior Credit Officer, Moody’s Investors Service; Nic…

Jill Cetina and David Fanger explain how this round of quantitative tightening will affect bank funding and capital. Plus, Coinbase faces higher risks, and Twitter’s lenders face markdowns. Speakers: Jill Cetina, Associate Managing Director, Moody’s Investors Service; David Fanger, SVP, Moody’s Investors Service Hosts: Danielle Reed, VP – Senior Re…

Vincent Gusdorf, Fadi Massih and Warren Kornfeld discuss the aftermath of the FTX bankruptcy and explain how crypto finance risks could spill over into traditional financial institutions. Speakers: Vincent Gusdorf, Senior Vice President, DeFi & Digital Assets, Moody’s Investors Service; Fadi Massih, VP – Senior Analyst, Moody’s Investors Service; W…

As COP 27 winds down, Shree Khare and Tomoya Suzuki discuss Japan's rising natural catastrophe risks, and Megan Fox and Brandan Holmes explain what's driving banks' and insurers' net zero plans. Speakers: Shree Khare, Vice President of Model Development, RMS; Tomoya Suzuki, VP – Senior Analyst, Moody’s Investors Service; Megan Fox, VP – Senior Anal…

Srikanth Vadlamani explains why Indian banks’ loans will perform well despite rising interest rates, and Eugene Tarzimanov discusses the threat to Asia-Pacific banks from China’s slowing economy. Speakers: Srikanth Vadlamani, VP – Senior Credit Officer, Moody’s Investors Service; Eugene Tarzimanov, VP – Senior Credit Officer, Moody’s Investors Serv…

Kelvin Kwok, Mattias Frithiof and Farooq Khan explain the implications of inflation and rising interest rates for Asia-Pacific insurers and Western European and UK banks. Guests: Kelvin Kwok, AVP - Analyst, Moody’s Investors Service; Mattias Frithiof, AVP – Analyst, Moody’s Investors Service; Farooq Khan, VP – Senior Analyst, Moody’s Investors Serv…

James Eck explains that with insured loss estimates of up to roughly $70 billion, earnings of property insurers and reinsurers will fall sharply, and some reinsurers could face capital erosion. Guests: James Eck, Vice President – Senior Credit Officer, Moody’s Investors Service Hosts: Danielle Reed, Vice President – Senior Research Writer, Moody’s …

Louise Welin and Maria Gillholm discuss difficulties ahead for Swedish mortgage borrowers and real estate companies, and implications for banks. Also, new business is slowing for US mortgage insurers. Guests: Bob Garofalo, Vice President – Senior Credit Officer, Moody’s Investors Service; Louise Welin, Vice President – Senior Credit Officer, Moody’…

Rajeev Bamra and Sadia Nabi discuss regulation of global cryptoassets and stablecoins in the US. Also: a proposal to clear certain Treasurys trades, and banks' risks from conflict in Nagorno-Karabakh. Guests: Rajeev Bamra, head of DeFi and Digital Assets Strategy, Moody’s Investors Service; Sadia Nabi, Vice President – Senior Analyst, Moody’s Inves…