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May 2020

News ESMA highlights challenges for rating Collateralised Loan Obligations

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today published a Thematic Report on Collateralised Loan Obligations (CLOs) credit ratings in the European Union (EU).

May 2020

News German Constitutional court, Constructive on risk in troubled markets, the slow Asian rebound

On Tuesday the German constitutional court decided that the Bundesbank would stop participating in the ECB Quantitative Easing program known as PSPP in three months unless corrective measures were taken. These include oversight by the German parliament and government and (...)

April 2020

News Spain’s reliance on tourism will hurt its recovery, says GlobalData

Spain’s tourism sector makes up approximately 12% of its GDP and 13% of its employment, and a steep decline in this market will heavily impact the country’s payments sector, says GlobalData, a leading data and analytics (...)

April 2020

News Covid-19: an acid test for European banks’ diversification and de-risking strategies

Scope’s outlook on European banks continues to be biased to the downside in view of the magnitude of the Covid-19 crisis. The key question is whether banks have de-risked enough to withstand the current cycle.

April 2020

News DBRS Morningstar Confirms Republic of France at AAA, Trend Changed to Negative

DBRS Ratings GmbH (DBRS Morningstar) confirmed the Republic of France’s Long-Term Foreign and Local Currency – Issuer Ratings at AAA and changed the trend to Negative from Stable. At the same time, DBRS Morningstar confirmed the Republic of France’s Short-Term Foreign and Local (...)

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