TwentyFour Blog | Read | 2 min 8 Jun 2023 European consumers not expecting a hard landing What have we learnt from the ECB’s Consumer Expectations Survey? Felipe Villarroel discusses how latest changes in the consumer’s expectations of the economy reflect that the ECB’s monetary policy is actually working. Read more
TwentyFour Blog | Read | 2 min 18 May 2023 The EBA says a little and a lot Two months have now passed since the Swiss regulator’s decision to controversially write down Credit Suisse AT1s. Dillon Lancaster looks at possible European Banking Authority reforms and what it means for the sector? Read more
TwentyFour Blog | Read | 3 min 16 May 2023 French CMBS deal repaid in full: A beacon of hope for struggling commercial real estate sector Given the current macro environment, Pauline Quirin believes loans with near term maturities provide a useful insight into where risk lie. Read more
TwentyFour Blog | Read | 2 min 4 May 2023 ECB’s bank lending survey shows a slowing economy but no crisis Following the release of the ECBs bank lending survey Felipe Villarroel looks at the response from the banking sector and the wider implications for credit conditions. Read more
TwentyFour Blog | Read | 4 min 3 May 2023 CLO performance in 2023, what's next? European Asset Backed Securities has been one of the few asset classes that has showed positive performance this year, Aza Teeuwen answers the million dollar question, how do you position for this? Read more
TwentyFour Blog | Read | 3 min 27 Apr 2023 European banks continue to deliver, on earnings and calls As earnings season kicks off in Europe, Eoin Walsh looks at what impact, if any, recent volatility in the banking sector has had on European banks. Read more
TwentyFour Blog | Read | 2 min 24 Apr 2023 High yield supply points to buoyant market In the last few weeks the high yield primary market has seen a resumption of issuance which Portfolio Manager George Curtis believes points to a relatively buoyant market. Read more
TwentyFour Blog | Read | 2 min 17 Apr 2023 Bank results should see levels begin to normalise With the US bank earning season having begun last Friday, Dillon Lancaster believes this could be a catalyst to help spreads begin to recover. Read more
TwentyFour Blog | Read | 2 min 4 Apr 2023 Negative credit migration calls for caution Despite the recent volatility in the banking sector, corporate credit has remained strong. Pierre Beniguel looks at the interesting rating action which caught attention last week. Read more
TwentyFour Blog | Read | 3 min 31 Mar 2023 European Banking crisis fears overdone? With headlines suggesting that deposit outflows in the banking sector are causing concern, Felipe Villarroel looks at the data which suggests that European banks remain resilient. Read more
TwentyFour Blog | Read | 3 min 30 Mar 2023 Funding, capital and ABS as financial market stability tool Douglas Charleston looks at the wider implications of recent bank sector volatility and the opportunities it presents for credit investors. Read more
TwentyFour Blog | Read | 2 min 28 Mar 2023 What is in the price of AT1s after the sell off? After a volatile few days in bank capital, Felipe Villarroel looks at how AT1s are pricing after the sell off. Read more