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Profile: Lou Eccleston

The executive managing director of Fixed Income Risk Management Services, a new venture by Standard & Poor’s, tells Alexander Campbell why institutions need to improve their understanding of price movements to seize market opportunities.

With mark-to-market accounting firmly established, despite the havoc it caused to institutional balance sheets during the crisis, the financial industry needs

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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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