Remove Concentration Remove Credit Risk Remove Economics
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A Day in the Life: John Berven from Aon

Future CFO

Mornings are typically all about concentrated focus, starting with ensuring alignment with our clients across key objectives like risk management, credit solutions, and employee benefits strategies. The fast-paced nature of today's risks keeps me motivated and engaged.

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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. The coronavirus disruption has added pressure to corporate earnings and liquidity profiles against the backdrop of slowing economic growth.

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OCC Defines Top Threats To Banks This Season

PYMNTS

When it is running well, it powers tremendous growth and economic prosperity for consumers, businesses and communities across the country,” said Keith A. But the Spring 2017 report reveals news of threats that are just beginning to flare up. The federal banking system is, and should be, a source of strength for the nation and its economy.

Banking 46
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Transcript: Kristen Bitterly Michell

Barry Ritholtz

And so, coming out of school, I studied Economics and Spanish Literature, and I applied to a — a program that actually targeted Liberal Arts majors. 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.

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Transcript: Melissa Smith, co-Head of Commercial Banking at JPMorgan

Barry Ritholtz

And in my summer in between I worked for Mayor Daley in Chicago on economic development issues. I mean certainly there’s still like a huge, a huge concentration in kind of, you know, the Bay area and then kind of New York, Boston area. I didn’t really have a grand plan, but my policy degree was at University of Chicago.

Banking 52
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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. SEIDES: Yeah, I wouldn’t measure it in terms of economic returns. SEIDES: No, you’re right about the securities. RITHOLTZ: And that was problematic.

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Transcript: Ken Kencel

Barry Ritholtz

So you would see pretty high concentrations of, you know, $100 million, $200 million, $300 million, all essentially sitting on a single balance sheet of the bank. So obviously, risk managers, you know, and CROs were very focused on how do we manage that risk and diversify that credit risk that they were taking on in mid-market companies.