May Macro Risk Report

Counterparty macro risk

Every month JCAP look at the issues that may affect depositor risk in the UK, US and Europe and publish a risk report.

For May 2019, we have focused on:

  • Barclay’s Q1 profits fall in ‘tough market conditions’
  • Metro considers selling troubled loans as depositors withdraw deposits
  • HSBC pledges to cut costs after Q1 profit beats expectations
  • ABN Amro announces the sale of Channel Islands operation
  • BOE keeps rates on hold but Carney warns markets not to underestimate potential interest rate increases as BOE increases growth estimates


For a copy of our latest report contact 

Moody’s puts HSBC and Barclays ratings on review for downgrade

Moody’s Investors Service, (Moody’s) placed the long-term ratings, the baseline credit assessment (BCA) and the long-term counterparty risk assessment (CRA) of HSBC Bank plc (HSBC Bank) on review for downgrade. The review for downgrade reflects Moody’s view of the likely impact on the bank of the UK’s so-called ring-fencing legislation.

Barclays Bank PLC’s baa2 standalone credit assessment, long- and short-term debt and deposit ratings also placed on review for downgrade

Read more

Moody’s updates methodology and re-rates several banks

London, 27 September 2017 — Moody’s Investors Service,

Moody’s has set out its approach to incorporating future changes in a bank’s balance sheet within its advanced loss given failure (LGF) analysis. These methodological changes will better enable Moody’s to anticipate changes to the credit risk of banks’ debt and deposits given.


Continue reading

JCAP Treasury Services is registered with the Jersey Financial Services Commission. Registration number 104439.