Credit Trends UK 2027
The trends are clear. Their credit impact isn't.
Agenda
Registration and networking
Coffee and networking break
Networking lunch
Confirm cancellation
An error occurred trying to play the stream. Please reload the page and try again.
CloseMoody's Events
close
Andrea leads a team of London-based analysts within the corporate finance franchise covering a diverse portfolio of industries. Andrea started his career at Banca Intesa in Italy where he worked as a private banker, as a corporate banker and he also worked as an analyst at Bloomberg Financial Markets in London. Andrea was also a banking supervisor with the UK Financial Services Authority (FSA) for eight years. Andrea joined Moody’s in London 2011 and prior to his current role, he managed the Business & Consumer Services Team in New York for several years.
Kathrin joined Moody’s Ratings in April 2010 as a member of the Sovereign Risk Group. She is the lead analyst for a number of European sovereigns including Turkey and Israel as well as several MDBs such as the IFC, EBRD and AIIB among others. She is also Moody’s global coordinator for all of Moody’s MDB ratings.
Prior to joining Moody’s Kathrin was a Director with Merrill Lynch, working as Sovereign Ratings Advisor to governments and banks in emerging markets. Prior to that, she was Chief Economist for Deutsche Bank in Spain.
She holds a M.Sc. in Economics, Latin American Politics, Spanish and Portuguese languages from the University of Tuebingen as well as a post-graduate economics degree from the College of Europe, Bruges.
Kathrin joined Moody’s Ratings in April 2010 as a member of the Sovereign Risk Group. She is the lead analyst for a number of European sovereigns including Turkey and Israel as well as several MDBs such as the IFC, EBRD and AIIB among others. She is also Moody’s global coordinator for all of Moody’s MDB ratings.
Prior to joining Moody’s Kathrin was a Director with Merrill Lynch, working as Sovereign Ratings Advisor to governments and banks in emerging markets. Prior to that, she was Chief Economist for Deutsche Bank in Spain.
She holds a M.Sc. in Economics, Latin American Politics, Spanish and Portuguese languages from the University of Tuebingen as well as a post-graduate economics degree from the College of Europe, Bruges.
Sarah has been the lead analyst for most countries in the European Union, and is also a former lead analyst for the United States. She is currently the lead analyst for France and Italy, among other European countries. She is also one of the Sovereign Risk Group’s global spokespeople.
She joined Moody’s in 2009 after completing a Sloan Fellowship at the London Business School. Prior to this academic sabbatical, she spent seven years at the Financial Services Authority in London where she headed the regulator’s Risk Analysis area and acted as its chief macroeconomist. Before joining the FSA, she worked in Dun & Bradstreet’s Economic Analysis Group for six years, where she was the organisation’s Deputy Chief Economist.
She holds an MA in European Studies (with a concentration in Economics and Finance) from the Elliott School of International Affairs at the George Washington University in Washington, DC and an AB with a double major in Government and History from Dartmouth College in Hanover, New Hampshire in the United States. She is a CFA Charterholder and is co-chair of the Macroeconomic Committee of the CFA Society France. She is a dual citizen of the United Kingdom and the United States and is based in Paris.
Sven Reinke is a Managing Director in Moody’s Corporate Finance Group. Sven is responsible for a team on London-based Lead Analysts covering Commodities, TMT and Business and Consumer Services sectors. Sven joined Moody’s in the autumn of 2013 with 12 years’ experience in a number of different corporate credit roles. During his first nine years at Moody’s, Sven was a Lead Analyst covering a number of different corporate sectors.
Prior to joining Moody’s, Sven spent six years as a Senior Corporate Credit Officer at UBS Investment Bank in London responsible for the credit risk management of a portfolio of corporates in different industries. Before joining UBS, Sven was the Lead Credit Analyst for Bank of Tokyo-Mitsubishi’s German and Benelux blue chip counterparties. At the start of his career, Sven spent four years as a Credit Analyst at Deutsche Bank’s German mid-cap credit risk department.
Sven has a Masters Degree in Economics with focus on finance and banking from The Berlin School of Economics and Law. Sven also passed all levels of the CFA Program.
Charleyne Biondi is a VP in the Digital Finance and Digital Assets team, leading the policy and regulatory research surrounding emerging technologies.
Before joining Moody’s Digital Economy team, Charleyne worked as a political science researcher at Columbia University in the City of New York and at the Center for Political Research at Sciences Po (CEVIPOF), focusing on the philosophy of technology and the societal implications of digital transformation.
Charleyne holds a dual Ph.D. in political theory from Columbia University and Sciences Po. She is a published author and pursues her research interests as a senior fellow and technology expert at the Montaigne Institute in Paris. Prior to her Ph.D., she worked as an analyst at J.P. Morgan Chase and graduated from a Master of Finance at Sciences Po Paris and Fundaçao Getulio Vargas in Sao Paulo, Brazil.
Philipp Lotter is the Global Head of Ratings and Research, responsible for teams which assign and monitor ratings for over 33,000 organizations and structured deals. He also oversees issuer relations, research and investor engagement. Under Philipp’s leadership, his analysts monitor debt obligations totaling nearly $76 trillion.
In over two decades with the firm, Philipp has held numerous roles of increasing responsibility across multiple continents. These included Global Head of the Corporate Finance Group (CFG), Co-Head of CFG EMEA, Head of CFG South Asia, Singapore Country Manager and founding member of the Dubai Office where he covered an array of corporates, including Islamic finance. Philipp began his career at Moody’s as an analyst covering utilities, oil and gas in London, where he is based today.
Prior to joining Moody’s, Philipp worked in investment banking at Citigroup and Dresdner Kleinwort Wasserstein. He holds a Diploma from the Frankfurt School of Finance & Management and studied at the European Business School in London and University College Dublin.
Ramzi is a Vice President in Moody’s Corporate Finance Group in London focused on real estate.
He joined Moody’s in February 2011 as a lead analyst in EMEA CMBS responsible for analysing and rating a large variety of commercial mortgage backed transactions across all EMEA jurisdictions and property types. Ramzi’s responsibilities also included researching and analysing property market data and tracking European occupational and investment market trends.
Ramzi also worked in Moody’s Financial Institutions Group’s Analytics Team, where he was instrumental in conducting successful stress tests for banks globally as well as monitoring bank asset quality.
Prior to beginning his career at Moody’s in 2011, Ramzi spent 15 years working with a variety of European banks as a real estate credit specialist, and also worked in the Middle East on real estate development projects.
Ramzi’s prior roles included working as a senior real estate credit officer at the Royal Bank of Scotland. He also worked as deputy head of portfolio management at pbb Deutsche Pfandbriefbank with direct risk responsibility for a large real estate finance portfolio covering a diverse range of assets including office, retail, industrial, hotels, residential, and healthcare.
Ramzi earned his MSc in Real Estate Investment from the Cass Business School. He also holds an MSc in Finance and a BA in General Management, both from Boston College.
Andrea leads a team of London-based analysts within the corporate finance franchise covering a diverse portfolio of industries. Andrea started his career at Banca Intesa in Italy where he worked as a private banker, as a corporate banker and he also worked as an analyst at Bloomberg Financial Markets in London. Andrea was also a banking supervisor with the UK Financial Services Authority (FSA) for eight years. Andrea joined Moody’s in London 2011 and prior to his current role, he managed the Business & Consumer Services Team in New York for several years.
Stephen is a Managing Director and Global Co-Head of banking. He is co-responsible for global bank ratings and is based in London where he primarily focuses on banks in Europe, the Middle East and Africa (EMEA).
From 2022-2025 he was the Managing Director and Regional Head of EMEA, Stephen also served as the Country Manager for the United Kingdom for Moody’s Ratings. He was responsible for core business strategy, governance and oversight in the EMEA region.
Before relocating to London, Stephen held the position as Global Co-Head of Banking from 2010 to 2022, based in Hong Kong. In this role, he was responsible for global bank ratings with a primary focus on banks across the Asia-Pacific region.
Prior to joining Moody’s, Stephen worked at J.P. Morgan in London, Tokyo and Hong Kong in various senior credit, research and rating advisory positions. From 1990-1996 he was a bank analyst at S&P Global in London and Paris.
Stephen began his career as a banking regulator at the Bank of England. He is a graduate of the University of Oxford, where he studied Philosophy, Politics and Economics.
Antonello Aquino is Managing Director, global co-head for Insurance, Funds and Asset Management, and EMEA Private Credit at Moody’s Ratings. He leads Moody’s analytical team responsible for maintaining credit ratings on insurers, funds, and asset managers in EMEA and North America, as well as private credit entities.
Antonello joined Moody’s in 2008 as a Senior Insurance Analyst, covering major European (re)insurers. Prior to Moody’s, he led the Financial Institutions Group (FIG) rating advisory practice at Credit Suisse in Europe. His earlier experience includes roles as a Senior Analyst in Standard & Poor’s insurance sector, and positions within the FIG M&A teams at Dresdner Kleinwort Wasserstein (DrKW) and ABN AMRO.
He holds an MBA from HEC Paris and is an alumnus of London Business School. He graduated cum laude in Business Administration from Bocconi University in Italy. Antonello is fluent in English, Italian, and French.
Ramzi is a Vice President in Moody’s Corporate Finance Group in London focused on real estate.
He joined Moody’s in February 2011 as a lead analyst in EMEA CMBS responsible for analysing and rating a large variety of commercial mortgage backed transactions across all EMEA jurisdictions and property types. Ramzi’s responsibilities also included researching and analysing property market data and tracking European occupational and investment market trends.
Ramzi also worked in Moody’s Financial Institutions Group’s Analytics Team, where he was instrumental in conducting successful stress tests for banks globally as well as monitoring bank asset quality.
Prior to beginning his career at Moody’s in 2011, Ramzi spent 15 years working with a variety of European banks as a real estate credit specialist, and also worked in the Middle East on real estate development projects.
Ramzi’s prior roles included working as a senior real estate credit officer at the Royal Bank of Scotland. He also worked as deputy head of portfolio management at pbb Deutsche Pfandbriefbank with direct risk responsibility for a large real estate finance portfolio covering a diverse range of assets including office, retail, industrial, hotels, residential, and healthcare.
Ramzi earned his MSc in Real Estate Investment from the Cass Business School. He also holds an MSc in Finance and a BA in General Management, both from Boston College.
Nick Hill is a Managing Director and heads the Credit Strategy & Guidance function within the Credit Strategy & Standards division in Moody’s Ratings.
Based in Paris, he joined Moody’s in March 2010, initially heading the France / BeNeLux banking team.
Since then he has managed successively larger teams, led the global revision of Moody’s bank rating methodology, which was published in 2015, and latterly was co-head of the global banking team.
Prior to joining Moody’s, Nick worked as a bank analyst in a variety of roles. These include banking supervision at the Bank of England and Financial Services Authority, where he began his career; sell-side equity research on French banks in a #1 ranked team at Morgan Stanley; rating UK and continental European banks at Standard & Poor’s; and providing balance sheet advice to financial institutions with RBS.
A graduate of Christ’s College, University of Cambridge in the UK, Nick holds an MA in English, a diploma in French, and a postgraduate certificate in Finance from Birkbeck College, University of London.
Nick Hill is a Managing Director and heads the Credit Strategy & Guidance function within the Credit Strategy & Standards division in Moody’s Ratings.
Based in Paris, he joined Moody’s in March 2010, initially heading the France / BeNeLux banking team.
Since then he has managed successively larger teams, led the global revision of Moody’s bank rating methodology, which was published in 2015, and latterly was co-head of the global banking team.
Prior to joining Moody’s, Nick worked as a bank analyst in a variety of roles. These include banking supervision at the Bank of England and Financial Services Authority, where he began his career; sell-side equity research on French banks in a #1 ranked team at Morgan Stanley; rating UK and continental European banks at Standard & Poor’s; and providing balance sheet advice to financial institutions with RBS.
A graduate of Christ’s College, University of Cambridge in the UK, Nick holds an MA in English, a diploma in French, and a postgraduate certificate in Finance from Birkbeck College, University of London.
Marina Albo is the Managing Director of the Corporate Finance Group for EMEA. In this role, Marina has overall responsibility for Moody’s ratings and research for the corporate franchise in the region, managing teams in London, Frankfurt, Paris, Madrid, Milan, Dubai and Stockholm. Prior to this role, Marina headed the Accounting Specialists and the Consumer, Pharma and Retail teams within the EMEA Corporate Finance group, based in London. Marina joined Moody’s in 2015, after 20 years of banking experience, mainly with HSBC, where she was head of the credit risk team in charge of Leveraged Finance and TMT. Marina started her career in internal audit, moving to client management and debt advisory. In her previous roles Marina has worked in London, Paris, Cairo and Madrid. Marina holds a dual degree in Business Administration awarded by Universidad Pontificia Madrid Comillas and by Reims Business School.
Andrea leads a team of London-based analysts within the corporate finance franchise covering a diverse portfolio of industries. Andrea started his career at Banca Intesa in Italy where he worked as a private banker, as a corporate banker and he also worked as an analyst at Bloomberg Financial Markets in London. Andrea was also a banking supervisor with the UK Financial Services Authority (FSA) for eight years. Andrea joined Moody’s in London 2011 and prior to his current role, he managed the Business & Consumer Services Team in New York for several years.