Gene Fang, Assistant Managing Director for Sovereign Risk at Moody’s Investor’s Service, outlines our assessment of the key factors, trends and risks that will drive sovereign credit during 2019.
As part of Moody’s bank rating methodology, governance is assessed under a Corporate Behavior framework. Adjustments may be made for behavioral aspects that impact a bank’s standalone creditworthiness, either positively or negatively. Moody’s currently applies Corporate Behavior adjustments to 75 banks globally, most of which are negative.
Leonard Jones, Managing Director at Moody’s Investors Service, and Michael Wertz, Vice President at Moody’s, discuss the findings of our survey of how the largest cities are planning for climate risks. Cities’ heightened focus on managing climate risk is credit positive and includes a quickening rate of planning and adaptation and recognition of flooding as a primary climate risk.