HSBC joins GCD

HSBC joins GCD

HSBC is one of the world’s largest banks by loan volume and certainly has a global coverage in its portfolios. After careful due diligence and evaluation of benefits, HSBC Group has decided to join GCD and has been accepted by the Board for membership. As for...
GCD publishes study on downturn LGD

GCD publishes study on downturn LGD

Does loss given default (LGD) depend on the economic cycle and if so how can it be measured? This question still concerns risk modellers and regulators as part of their comprehensive risk assessment. In 2013 GCD published a first downturn LGD study based on the GCD...
GCD’s Largest European Conference

GCD’s Largest European Conference

GCD member delegates and guests were hosted by member bank KFW in Frankfurt this week for our largest ever European conference. In a mix of plenary and discussion sessions, banks, academics and executives shared methodology and results for using data to improve credit...