Webinar
CMDI - Harmonized EU depositor preference will increase risks for bondholders
EU member states must align their national bank insolvency laws leading to significant changes in the ranking of depositors versus senior unsecured creditors and resulting in different loss expectations for both. This has prompted us to take rating actions on 114 banking groups in 21 of the 30 countries in the European Economic Area (EEA)
- Updated loss expectations drove rating changes
- National differences will be eliminated
- EEA countries will adopt new rules at varying speeds
If you have any questions, please contact
jasmine.endres@moodys.com.
Speakers
Olivier Panis
Associate Managing Director, Financial Institutions
Moody's Ratings
Alexander Hendricks
Associate Managing Director, Financial Institutions
Moody's Ratings
Bernhard Held
Vice President - Senior Credit Officer, Financial Institutions
Moody's Ratings
Simon Ainsworth
Associate Managing Director, Financial Institutions
Moody's Ratings
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