Moody's Talks - Focus on Finance

Moody’s analysts discuss recent developments in the US and European banking systems, the implications for monetary policy and potential spillovers to emerging markets across the globe. Speakers: Donald Robertson, AMD – Financial Institutions, Moody’s Investors Service; Nick Hill, MD – Financial Institutions, Moody’s Investors Service; Eugene Tarzimanov, VP – Senior Credit Officer, Moody’s Investors Service; Scott Phillips, AMD – Global Emerging Markets, Moody’s Investors Service Hosts: Shirin Mohammadi, VP – Senior Research Writer, Moody’s Investors Service; Danielle Reed, VP – Senior Research Writer, Moody’s Investors Service For related research, visit the Global Banking System Outlook topic page. As financial pressures mount in a time of higher rates and slowing growth, Moody’s will continue to share our analysis of evolving trends and repercussions for banks around the world.

Moody's analysts discuss how emerging markets banks have evolved to compete with new entrants, and explain why fintechs globally are on shakier financial ground. Speakers: Stephen Tu, VP – Senior Credit Officer, Moody’s Investors Service; Alexandre Albuquerque, VP – Senior Analyst, Moody’s Investors Service; Petr Paklin, AVP – Analyst, Moody’s Investors Service; Tengfu Li, AVP – Analyst, Moody’s Investors ServiceHosts: Erin McDermott, AVP – Research Writer, Moody’s Investors Service; Danielle Reed, VP – Senior Research Writer, Moody’s Investors ServiceRelated Links:Banking – Global: Fintechs lose financial footing, tipping scales in favor of incumbents, for nowBanks – Emerging Markets: Incumbent banks evolve to head off new entrants

We explore this year’s outlook for crypto and digital asset firms, and check in on financial repercussions a year after Russia's seizure of leased aircraft.Speakers: Benjamin Serra, SVP, Moody’s Investors Service; Mark Wasden, SVP, Moody’s Investors Service; Jayesh Joseph, AVP – Analyst, Moody’s Investors Service; Vincent Gusdorf, SVP, Moody’s Investors Service; Alexandra Aspioti, VP – Senior Analyst, Moody’s Investors ServiceHosts: Myles Neligan, VP – Senior Research Writer, Moody’s Investors Service; Danielle Reed, VP – Senior Research Writer, Moody’s Investors ServiceRelated Research:Geopolitical Risks – Global: Payouts on aircraft lost in Russia pose risk to insurers but will aid lessors and lease ABSDecentralized Finance — Global: 2023 outlook: Crypto firms’ credit quality weaker, but key technologies to advanceAsset Management – Cross Region: Blockchain-enabled tokenization will boost growth in private assets

Helena Kingsley-Tomkins explains what’s behind insurance outlooks in Europe. In Fast Finance: troubles in real estate extend to Vietnam’s banks, and a look at Indian banks’ exposure to Adani Group.Speakers: Srikanth Vadlamani, VP – Senior Credit Officer, Moody’s Investors Service; Joyce Ong, AVP – Analyst, Moody’s Investors Service; Helena Kingsley-Tomkins, VP – Senior Analyst, Moody’s Investors ServiceHosts: Myles Neligan, VP – Senior Research Writer, Moody’s Investors Service; Danielle Reed, VP – Senior Research Writer, Moody’s Investors ServiceRelated Research:Risks from real estate and rising interest rates will undermine banks' credit profiles: Strong economic growth will offset strain on asset quality and profitability, supporting stable outlookBanks – India: Risks from Adani exposure are limited but can increaseInsurance – Europe: Inflation underpins negative P&C outlook, life stable on higher interest rates

Tomoya Suzuki talks about the digital payments push in Japan, and Rebecca Tan explains why the outlook is brighter for India’s public sector banks.Speakers: Tomoya Suzuki, VP – Senior Analyst, Moody’s Investors Service; Rebecca Tan, VP – Senior Analyst, Moody’s Investors Service Hosts: Jun Yang, AVP – Research Writer, Moody’s Investors Service; Danielle Reed, VP – Senior Research Writer, Moody’s Investors ServiceRelated Research:Banks – Japan: Push for digital transactions is credit negative for regional banksMoody's takes positive rating actions on four Indian public sector banksBanks – India: Rising rates will have limited impact on Indian banks' credit profiles

Moody's analysts discuss crypto asset regulation, credit developments at Silvergate Bank and foreign currency fluctuation risks for emerging markets banks and Asia-Pacific financial institutions.Speakers: Stephen Tu, VP – Senior Credit Officer, Moody’s Investors Service; Sadia Nabi, VP – Senior Analyst, Moody’s Investors Service; Eugene Tarzimanov, VP – Senior Credit Officer, Moody’s Investors Service; Jungmin Arlene Sohn, Analyst, Moody’s Investors ServiceHosts: Carolyn Henson, VP – Senior Research Writer, Moody’s Investors Service; Danielle Reed, VP – Senior Research Writer, Moody’s Investors ServiceRelated Research:Moody's downgrades Silvergate Bank's long term deposit rating to Ba1, outlook negativeFinancial Institutions – Global: Regulators' vigilance on cryptoasset risks, credit positive for banks, also has broader implicationsBanks - Emerging markets: Foreign-currency risk is acute for some banking systemsFinancial institutions – Asia-Pacific: Risks from local-currency depreciation are limited, except for some finance companies

Bruno Baretta explains how weak macroeconomic conditions are increasing credit risk for finance companies globally despite a possible profitability boost for some companies from rising interest rates. Speaker: Bruno Baretta, AVP – Analyst, Moody’s Investors ServiceHosts: Michael Porta, VP – Senior Research Writer, Moody’s Investors Service; Danielle Reed, VP – Senior Research Writer, Moody’s Investors ServiceRelated content on Moodys.com (some content only available to registered users or subscribers):Finance Companies — Global: 2023 outlook negative with funding and asset quality weakening

Claims inflation and higher reinsurance costs loom large in the outlook for P&C insurance, while life insurers see enough benefit from higher interest rates to offset economic turbulence, for now.Speakers: Manoj Jethani, VP – Senior Credit Officer, Moody’s Investors Service; Christian Badorff, VP – Senior Credit Officer, Moody’s Investors Service Hosts: Myles Neligan, VP – Senior Research Writer, Moody’s Investors Service; Danielle Reed, VP – Senior Research Writer, Moody’s Investors Service

Against an uncertain global economic backdrop, hosts Carolyn Henson and Michael Porta talk to Moody’s analysts Edoardo Calandro, Rita Sahu and Nicholas Zhu about prospects for global banks in 2023.Speakers: Edoardo Calandro, VP – Senior Credit Officer, Moody’s Investors Service; Rita Sahu, VP – Senior Credit Officer, Moody’s Investors Service;  Nicholas Zhu, VP – Senior Credit Officer, Moody’s Investors ServiceHosts: Carolyn Henson, VP – Senior Research Writer, Moody’s Investors Service; Michael Porta, VP –Senior Research Writer, Moody’s Investors ServiceRelated Research:Banks – Global: 2023 outlook stable as rising rates, strong balance sheets counter global slowdownBanking System Outlook – China: Deteriorating operating environment drives negative outlook

Jill Cetina and David Fanger explain how this round of quantitative tightening will affect bank funding and capital. Plus, Coinbase faces higher risks, and Twitter’s lenders face markdowns.Speakers: Jill Cetina, Associate Managing Director, Moody’s Investors Service; David Fanger, SVP, Moody’s Investors ServiceHosts: Danielle Reed, VP – Senior Research Writer, Moody’s Investors Service; Erin McDermott, AVP –Research Writer, Moody’s Investors ServiceRelated Research:Banks – Cross Region: Twitter underwriting losses thus far appear moderate for syndicate banksMoody's reviews Coinbase (Ba3 corporate family) for downgradeCoinbase Global, Inc.: FTX implosion leaves vacuum in crypto space, a credit negative for CoinbaseFederal Reserve’s second round of quantitative tightening will have pronounced effects on banks