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.
Real GDP projected to fall 4%. In 2020, the simulated drop was 8.5%
In contrast, the median capital ratio of groups and non-life firms increased
Biggest lenders may have to limit repo activity to manage leverage capital, observers say
Bad loan ratio climbed 10 basis points on average across MUFG, SMFG and Mizuho
Covid panic exposed cracks in banks' credit models
Net charge-offs for Q4 2020 hit 9.4%
Ratio of advanced approaches RWAs to regulator-set measure declined in the wake of the Covid recession
Own-country debt and reserves climbed 44%
Year-end surge also occurred in 2017 and 2019
Stress simulation falls short of actual coronavirus crisis shock to the UK economy
Around 16% of the bank’s exposures were excluded from the ratio in Q4
Cash payments of initial margin and default fund contributions are typically placed with central banks