Verkehrte Welt



Die Welt der Verbriefungstransaktionen wird sich demnächst ganz neu gestalten. Wenn Anfang 2008 die neue Kapitaladäquanzrichtlinie gemäß Basel II in Europa, Teilen Asiens und im Nahen Osten vollständig in Kraft tritt, ist es für Originator-Banken nicht mehr sinnvoll, die höher bewerteten Papiere zu verkaufen und die riskanteren zu behalten, wie unter den derzeitigen Bestimmungen üblich. Künftig wird der Umfang des Risikos das von den Banken bereitzuhaltende Kapital bestimmen, und das ist ein

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Credit risk & modelling – Special report 2021

This Risk special report provides an insight on the challenges facing banks in measuring and mitigating credit risk in the current environment, and the strategies they are deploying to adapt to a more stringent regulatory approach.

The wild world of credit models

The Covid-19 pandemic has induced a kind of schizophrenia in loan-loss models. When the pandemic hit, banks overprovisioned for credit losses on the assumption that the economy would head south. But when government stimulus packages put wads of cash in…

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