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Alastair Wilson
Global Managing Director

Thorsten Nestmann
Group Credit Officer

Asia Pacific and North America

Marie Diron
Associate Managing Director

Atsi Sheth
Managing Director


Yves Lemay
Managing Director

Dietmar Hornung
Associate Managing Director

Latin America

Mauro Leos
Vice President – Senior Credit Officer

Atsi Sheth
Managing Director

Africa and Middle East

Matt Robinson
Vice President – Senior Credit Officer

Yves Lemay
Managing Director

Supranational Entities/Multilateral Development Banks

Kathrin Muehlbronner
Senior Vice President

Yves Lemay
Managing Director


Sovereign & Supranational

Research on sovereign nations, sovereign-related agencies, and supranational institutions.


  • 23 Mar 2017
    • French presidential candidates' diverse policies carry mixed credit implications
      The French presidential election candidates' broad range of policy proposals could have material credit implications - both positive and negative - for the country's rated sectors.
      Press Release l Full Report
    • Mexico's rising interest rates heighten credit risks amid economic slowdown
      Interest rates are rising in Mexico at a time of declining consumer confidence, a weak peso and other economic pressures. This will further crimp the lackluster growth outlook and have a negative impact on debt issuers. Press Release l Full Report
  • 20 Mar 2017
    • Reform of Fannie Mae and Freddie Mac has the potential to reshape US mortgage markets
      Reform of the US housing-finance system centered around Freddie Mac and Fannie Mae could affect banks, non-bank mortgage companies, private RMBS, as well as other housing-related sectors. Cross-Sector Implications l Issuer Survey
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