article thumbnail

Moody’s: Nearly 40% of high-yield Asian issuers have weak liquidity

Future CFO

These factors signal rising credit risks and potentially more distressed exchanges and defaults in the coming months, the rating agency added. billion issued in the first quarter, said Moody’s, adding that issuance was largely concentrated in January from Chinese property developers.

article thumbnail

ESMA outlines its approach to reporting on systemic impacts of clearing

PWC UK

ESMA will identify any difference in basis available between TC and EU CCPs, and model any concentration add-ons. It will assess the impact to EU counterparties from breaking global netting sets against any gains available from netting at EU CCPs. ESMA will “ use existing literature ” to guide calculation of netting efficiencies.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Can Better, Digital Credit Help SMBs Thrive?

PYMNTS

Those receivables, an asset to the business, are only an asset when they become cash in that SMB’s bank account. As much as 24 percent of monthly revenues for SMBs are tied up in accounts receivable or trade credit, which stymies cash flow. trillion within two years, and will account for 13 percent of all U.S.-focused

B2C 63
article thumbnail

APAC capital markets during the COVID-19 crisis

Future CFO

We expect Credit and Political Risk Insurance (CPRI) to play an important and increasing role in supporting lenders in mitigating risk, overcoming concentration issues and improving capital adequacy. James Ponsford: Asia and Singapore, in particular, is a commodities hub with commodity trading business accounting to 4.5%

article thumbnail

Can FinTech Walk The FinTalk?

PYMNTS

Most of that spend will be concentrated in the U.S., Marcus is reinventing the lending model not by clever card tricks, but by creating a trusted, digital retail financial services platform to help consumers find and use credit responsibly and save. But that’s not enough to support and service these accounts. billion by 2021.

Banking 73
article thumbnail

Transcript: Kristen Bitterly Michell

Barry Ritholtz

And so, with this gave me exposure to everything from investment banking to retail, looking at like checking account campaigns, like how do you get more assets in the door to credit risk. And ultimately, to make a very long story short, I fell in love with derivatives. So derivatives were a part where I was very intimidated.

article thumbnail

Transcript: Ted Seides

Barry Ritholtz

The challenge is unlike the S&P 500, hedge funds sit in a box that has underlying credit risk from prime brokers. So the credit markets froze. RITHOLTZ: I love this quote from a piece you wrote about risk. SEIDES: No, you’re right about the securities. RITHOLTZ: And that was problematic.