Credit Trends

Wednesday, January 16, 2019

January 2019

Conference

Credit Trends

thursday, November 08, 2018
merchant taylors' hall, london

Credit Trends

Wednesday, January 16, 2019
January 2019
Grand Hotel
Stockholm

Credit Trends

Wednesday, January 16, 2019
January 2019
Grand Hotel
Stockholm

Credit Trends

Wednesday, January 16, 2019
January 2019
Grand Hotel
Stockholm
Stockholm

Credit Trends

Wednesday, January 16, 2019
January 2019
Grand Hotel
Stockholm

Credit Trends

Wednesday, January 16, 2019
January 2019
Grand Hotel
Stockholm

Look beyond the short-term shocks into long term risks

Moody’s Credit Trends provides forward looking views that focus on the key credit outlook shifts for the year ahead and long-term market trends and vulnerabilities.

We will take a closer look at what comes next in the credit cycle; what rising trade and protectionism tensions mean to credit; what are the key regional trends across sectors and other topical questions.  

Credit Trends is a unique platform to engage with key market participants -  senior investors, issuers, intermediaries and credit analysts - and gain a deeper understanding of the impact of global, regional and local credit trends across sectors.

What are your expectations for 2019? Share your views on market trends

Why Attend?

<div class="custom-container w-container"><div class="custom-item-holder alt"><img class="custom-item-icon alt" src="https://global-uploads.webflow.com/59faed4401b9500001e97e74/5ae342314cc19f6883e3c11f_discover2-white.png"><div class="custom-item-text-holder"><h1 class="custom-item-heading alt white">Keep track of market risks</h1><p class="custom-item-para alt white">Stay informed about global, regional and local market risks and key rating trends</p></div></div><div class="custom-item-holder alt"><img class="custom-item-icon" src="https://global-uploads.webflow.com/59faed4401b9500001e97e74/5ae342ff8cb7533468114601_Analyze%202.png"><div class="custom-item-text-holder"><h1 class="custom-item-heading alt white">Analyze the credit impact</h1><p class="custom-item-para alt white">Analyze credit outlooks and discover how long-term trends will shape the market in 2019</p></div></div><div class="custom-item-holder alt"><img class="custom-item-icon" src="https://global-uploads.webflow.com/59faed4401b9500001e97e74/5ae3432d0d74803949144d7f_network2.png"><div class="custom-item-text-holder"><h1 class="custom-item-heading alt white">Engage with your peers</h1><p class="custom-item-para alt white">Engage with the global investor and issuer community and get your questions answered by senior credit analysts</p></div></div></div>

Agenda

08.30             Registration & Coffee

09.00             Opening Remarks

Sean Marion, Managing Director, EMEA Banking

09.10              Big Picture Presentation

Fading cycle, reform fatigue and political risks: European sovereigns are entering choppy waters

  • A fading cycle and risks from global trade tensions weigh
  • Progress on structural economic reforms will determine those best able to cope with the slowdown in growth
  • Structural fiscal weaknesses as cyclical tail winds weaken and interest rates normalize
  • Politics continue to dominate the credit story for some: Brexit, Italy

Olivier Chemla, Vice President, Senior Analyst, Sovereign

09.45              Spotlight Conversation

The development on the payments market

Cecilia Skingsley, Deputy Governor, Riksbank

10.15            Default and Rating Trends

Recent developments and risks to the outlook

  • Default and rating performance review
  • Credit outlook and risks: Which sectors are more exposed?
  • Recovery rates - Moody's approach and potential risks

Jorge Rodriguez-Valez,  VicePresident, Senior Credit Officer, Credit Strategy

10.35              Networking & Coffee Break

11.00              Banking Plenary Session

Banks’resiliency to market and credit shocks

  • How banks are prepared to the next downturn?
  • Reshaping of global investment banks
  • New risks: Competition driven by fintech, cybercrime, Brexit and trade wars

Sean Marion, Managing Director, EMEA Banking

Nicolas Boheman, Assistant Vice President,Analyst, Banking

Alessandro Roccati, SeniorVice President, Banking

Alexander Zeidler, VicePresident, Senior Credit Officer, Structured Finance

11.45              Corporate Plenary Session

How strong are corporate fundamentals as we approach the peak of the credit cycle

  • Corporate credit vulnerabilities and differences by sector, country and region
  • How protectionism, trade wars, Brexit and emerging market volatility impact corporate credit quality
  • M&A, investment plans and financial policies in preparation for the next downturn

Maria Gillholm, Vice President, Senior Credit Officer, Corporate Finance

Helen Francis, Vice President, Senior Credit Officer, Project Finance

12.30              Close of the Conference

Moody's Speakers

Sean Marion

Managing Director

Financial Institutions Group

Moody's Investors Service

Moody's Investors Service

Financial Institutions Group

Managing Director

Sean Marion

Sean is responsible for Moody’s analytic teams that rate banks and nonbank financial companies in the Nordics, Baltics, South-Eastern Europe and emerging markets in Middle East and Africa. Prior to relocating to London in 2011, Mr. Marion held various positions of progressive responsibility in Moody’s, including working in the firm’s offices in Mexico City and Toronto. Mr. Marion holds graduate degrees in economics from the Université Paris I (Sorbonne) and the London School of Economics. He also holds an undergraduate degree from Bishop’s University, Canada.

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Olivier Chemla

Vice President - Senior Analyst

Sovereign Risk Group

Moody's Investors Service

Moody's Investors Service

Sovereign Risk Group

Vice President - Senior Analyst

Olivier Chemla

After serving the French public administration in several positions (including as Senior Adviser to Valérie Pécresse, Minister for the Budget and Public accounts) between 2007 and 2012, Olivier was appointed Chief Economist of the French leading Business Association (Association francaise des entreprises privées) in the summer of 2012. He joined the Moody’s Sovereign Department in Frankfurt as Vice-President/Senior Analyst in May 2018.

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Jorge Rodriguez-Valez

Vice President Senior Credit Officer - CSS

Moody's Investors Service

Moody's Investors Service

Vice President Senior Credit Officer - CSS

Jorge Rodriguez-Valez

Niclas Boheman

AVP - Analyst

Financial Institutions Group

Moody's Investors Service

Moody's Investors Service

Financial Institutions Group

AVP - Analyst

Niclas Boheman

Niclas Boheman, based in London, is Moody’s lead analyst on a number of financial institutions in the Nordics and Baltics.

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Alessandro Roccati

Senior Vice President

Financial Institutions Group

Moody's Investors Service

Moody's Investors Service

Financial Institutions Group

Senior Vice President

Alessandro Roccati

Alessandro Roccati joined Moody’s in May 2012 as a Senior Vice President in the Financial Institutions Group, based in London. His portfolio includes large European banks. Prior to joining Moody’s, Alessandro spent fifteen years in equity research as a Senior analyst covering European banks at global investment banks: Macquarie, Man Group, Credit Lyonnais and Nikko Securities. He started his career as a credit analyst covering European banks at UniCredito. Alessandro graduated in Economics from Bocconi University in Milan

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Alexander Zeidler

Vice President – Senior Credit Officer

Structured Finance Group

Moody's Investors Service

Moody's Investors Service

Structured Finance Group

Vice President – Senior Credit Officer

Alexander Zeidler

Alexander Zeidler is a Senior Credit Officer at Moody’s in London. He joined Moody’s in January 2006 focusing on Commercial Real Estate Finance. Alexander is lead analyst for several covered bonds with a focus on Austria and the Nordics.

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Maria Gillholm

Vice President – Senior Credit Officer

Corporate Finance Group

Moody's Investors Service

Moody's Investors Service

Corporate Finance Group

Vice President – Senior Credit Officer

Maria Gillholm

Maria Gillholm is a VP-Senior Credit Officer in the Corporate Finance team and has worked with Moody’s in Sweden since March 2017. She is the lead analyst for Nordic real estate issuers.

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Helen Francis

Vice President – Senior Credit Officer

Infrastructure Finance

Moody's Investors Service

Moody's Investors Service

Infrastructure Finance

Vice President – Senior Credit Officer

Helen Francis

Helen Francis is a Senior Analyst in Moody’s EMEA Infrastructure Finance team, based in London. She is responsible for a portfolio of unregulated and regulated utilities in Germany, Spain and CEE. Over the course of a long career at Moody’s, Helen has played a key role in the development of the Infrastructure Finance team, supporting development of its broad European coverage and strong reputation.

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Further information

Any questions please contact:

Jasmine Endres

Assistant Director - Events & Outreach

jasmine.endres@moodys.com