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

Olivier Panis

Associate Managing Director, Financial Institutions

Moody's Ratings

Alexander Hendricks

Alexander Hendricks

Associate Managing Director, Financial Institutions

Moody's Ratings

Bernhard Held

Bernhard Held

Vice President - Senior Credit Officer, Financial Institutions

Moody's Ratings

Simon Ainsworth

Simon Ainsworth

Associate Managing Director, Financial Institutions

Moody's Ratings

Join us online for CMDI - Harmonized EU depositor preference will increase risks for bondholders