Louie Woodall is the editor of Risk Quantum. He was previously deputy editor for Risk.net's risk management desk, and before that covered equity derivatives and structured products for the derivatives desk.
Louie holds a bachelor’s degree in modern history and politics from the University of London.
Increase in exposures, short-term wholesale funding bump systemic risk scores higher at some firms
Worst-case scenario sees unemployment peak at 12.5%
French bank held €7 billion of simple, transparent, standardised securitisations as of end-June
Bank’s US securities arm conducted trades worth $639 billion over 12 months to end-March 2020
Total asset portfolios declined 6% through Covid shock
Liabilities to NBFIs increased three times more than usual over Q1 2020
Agency bond trades made up 37% of total tri-party transactions on September 4
Covid-19 has replaced the global financial crisis in some banks’ stressed VAR calculations
Risk-weighted assets lagged surge in EAD
Goldman, Morgan Stanley see stress capital buffer cuts
Total net derivatives assets fell 4% over three months to end-June
Special purpose vehicles bought €19.2 billion of securitised bank loans in Q2
About $227.5 billion of firms’ debt holdings are BB+ rated or lower
PCLs fell 36% quarter-on-quarter