Default ratios for corporate debt are decreasing year-on-year, but have 10 years of low interest rates created a bombshell for the next crisis ? asks Global Credit Data report

Default ratios for corporate debt are decreasing year-on-year, but have 10 years of low interest rates created a bombshell for the next crisis ? asks Global Credit Data report

PRESS RELEASE – December 19th, 2019 Global Credit Data’s PD benchmarking report shows that bank default ratios for global corporate debt have dropped from 1.12% to 0.73% since 2016. On the face of it, this is good news, but could it be masking a...
CECL Benchmarking Survey 2019

CECL Benchmarking Survey 2019

CECL requires a complex set of methological choices. Accenture, Global Credit Data, and the Institute of International Finance partnered to provide U.S. banks with a benchmark to help them assess their readiness to implement CECL. Step 1 was a detailed survey, to be...