Hazel Ilango discusses the need for a more sustainable, relevant and effective credit rating system that better accounts for climate-related risks.
August 21, 2023Vivian Xue and Grace Wu at Fitch Ratings estimate the four Chinese G-SIBs will need to issue at least CNY 1.3 trillion in capital instruments by January 2025.
May 18, 2023Fitch Ratings says global standard-setters may adjust the existing prudential and resolution frameworks, potentially making IRRBB a Pillar 1 requirement.
April 19, 2023Bond investors, including those who do not prioritize climate change mitigation, are unknowingly exposed to the increasing impact of climate-related credit risk.
April 19, 2023China's four G-SIBs have started working on issuing their first TLAC bonds. Each bank is planning to raise at least CNY 10 billion.
April 17, 2023Eleven banks will deposit $30bn into regional lender First Republic Bank, which has suffered credit downgrades and stock price declines in recent days.
March 17, 2023The IMF's Kristalina Georgieva has welcomed "decisive policy actions" by Sri Lankan authorities and the financial assurances obtained from major creditors.
March 16, 2023An IEEFA study has found “no direct relationship” between ESG credit scores and credit ratings, due to ratings providers still “evaluating companies the traditional way”.
March 16, 2023Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley and Wells Fargo are asked to submit their responses by 31 July 2023.
January 24, 2023The impact of the final rules will be much lower in APAC than in Europe and the US because APAC jurisdictions rely less on internal models, Fitch says.
September 20, 2022