Moody’s Talks – Bank Credit Podcast
OCTOBER 2017
October 26th, 2017 (9.00 mins)
In this first episode of Moody’s bank credit podcast, Managing Director Nick Hill from the EMEA Banking Team and Simon Ainsworth, a Senior Vice President in the Ratings Process and Oversight Team, discuss Moody’s updated bank rating methodology. Nick and Simon cover the main factors Moody's will consider when making forward-looking adjustments to banks' balance sheets in line with its revised advanced Loss Given Failure (LGF) analysis. They outline how the methodology addresses banks’ debt issuance to meet Total Loss Absorbing Capacity (TLAC) requirements and Minimum Requirements for Own Funds and Eligible Liabilities (MREL); and they note why only a few bank ratings have so far been affected by Moody’s updated approach.
