Moody’s Investors Service has published an updated methodology for banks, revising certain elements of the Advanced Loss Given Failure (LGF) component. In particular, Moody's has adjusted the LGF notching guidance table thresholds for lower levels of subordination and volume in the liability structure as well as changing the LGF component to reflect the agency's view that for some banking groups, resolutions coordinated in a unified manner will be more common.
The speakers will discuss how the change in methodology has impacted on Moody’s analytical approach and on the rating impact.
- Nick Hill, Managing Director, Financial Institution Group (Moderator)
- Simon Ainsworth, Associate Managing Director, Financial Institution Group
- Alexander Hendricks, Associate Managing Director, Financial Institution Group