Kees Harteveld’s Post

[#LetsTalkFS] After several years of significant macroeconomic and geopolitical events such as the Covid-19 crisis, the war in #Ukraine, the return of inflation and rising interest rates, 2023 seemed to mark a form of stabilisation in the international environment in the absence of any notable new event, despite the continuing uncertainties. Vincent Guillard, Partner, and Nicolas Millot, Senior Manager, Forvis Mazars en France explore how the absence of any significant event coupled with persistent uncertainty have been taken into account by Europe’s largest banks in their expected credit losses for their YE 2023 financial reports. Read more: https://lnkd.in/e_gh6rUZ #EuropeanBanking #IFRS9 #CreditRisk #ECL

[#LetsTalkFS] After several years of significant macroeconomic and geopolitical events such as the Covid-19 crisis, the war in #Ukraine, the return of inflation and rising interest rates, 2023 seemed to mark a form of stabilisation in the international environment in the absence of any notable new event, despite the continuing uncertainties. Vincent Guillard, Partner, and Nicolas Millot, Senior Manager, Forvis Mazars en France explore how the absence of any significant event coupled with persistent uncertainty have been taken into account by Europe’s largest banks in their expected credit losses for their YE 2023 financial reports. Read more: https://lnkd.in/dE2g5ZZ7 #EuropeanBanking #IFRS9 #CreditRisk #ECL

[#LetsTalkFS] After several years of significant macroeconomic and geopolitical events such as the Covid-19 crisis, the war in #Ukraine, the return of inflation and rising interest rates, 2023 seemed to mark a form of stabilisation in the international environment in the absence of any notable new event, despite the continuing uncertainties. Vincent Guillard, Partner, and Nicolas Millot, Senior Manager, Forvis Mazars en France, explore how the absence of any significant event coupled with persistent uncertainty have been taken into account by Europe’s largest banks in their expected credit losses for their YE 2023 financial reports. Read more: https://lnkd.in/eVej5MWk #EuropeanBanking #IFRS9 #CreditRisk #ECL

[#LetsTalkFS] After several years of significant macroeconomic and geopolitical events such as the Covid-19 crisis, the war in #Ukraine, the return of inflation and rising interest rates, 2023 seemed to mark a form of stabilisation in the international environment in the absence of any notable new event, despite the continuing uncertainties. Vincent Guillard, Partner, and Nicolas Millot, Senior Manager, Forvis Mazars en France explore how the absence of any significant event coupled with persistent uncertainty have been taken into account by Europe’s largest banks in their expected credit losses for their YE 2023 financial reports. Read more: https://lnkd.in/eyDtbC7D #EuropeanBanking #IFRS9 #CreditRisk #ECL

[#LetsTalkFS] After several years of significant macroeconomic and geopolitical events such as the Covid-19 crisis, the war in #Ukraine, the return of inflation and rising interest rates, 2023 seemed to mark a form of stabilisation in the international environment in the absence of any notable new event, despite the continuing uncertainties. Vincent Guillard, Partner, and Nicolas Millot, Senior Manager, Forvis Mazars en France explore how the absence of any significant event coupled with persistent uncertainty have been taken into account by Europe’s largest banks in their expected credit losses for their YE 2023 financial reports. Read more: https://lnkd.in/d27sSzBn #EuropeanBanking #IFRS9 #CreditRisk #ECL

[#LetsTalkFS] After several years of significant macroeconomic and geopolitical events such as the Covid-19 crisis, the war in #Ukraine, the return of inflation and rising interest rates, 2023 seemed to mark a form of stabilisation in the international environment in the absence of any notable new event, despite the continuing uncertainties. Vincent Guillard, Partner, and Nicolas Millot, Senior Manager, Forvis Mazars en France explore how the absence of any significant event coupled with persistent uncertainty have been taken into account by Europe’s largest banks in their expected credit losses for their YE 2023 financial reports. Read more: https://lnkd.in/drWECkYQ #EuropeanBanking #IFRS9 #CreditRisk #ECL

[#LetsTalkFS] After several years of significant macroeconomic and geopolitical events such as the Covid-19 crisis, the war in #Ukraine, the return of inflation and rising interest rates, 2023 seemed to mark a form of stabilisation in the international environment in the absence of any notable new event, despite the continuing uncertainties. Vincent Guillard, Partner, and Nicolas Millot, Senior Manager, Forvis Mazars en France explore how the absence of any significant event coupled with persistent uncertainty have been taken into account by Europe’s largest banks in their expected credit losses for their YE 2023 financial reports. Read more: https://lnkd.in/eyeAaWnD #EuropeanBanking #IFRS9 #CreditRisk #ECL

#LetsTalkFS #EuropeanBanking #IFRS9 #CreditRisk #ECL After several years of significant macroeconomic and geopolitical events such as the Covid-19 crisis, the war in #Ukraine, the return of inflation and rising interest rates, 2023 seemed to mark a form of stabilisation in the international environment in the absence of any notable new event, despite the continuing uncertainties. Vincent Guillard, Partner, and Nicolas Millot, Senior Manager, Forvis Mazars en France explore how the absence of any significant event coupled with persistent uncertainty have been taken into account by Europe’s largest banks in their expected credit losses for their YE 2023 financial reports. Read more: https://lnkd.in/dNCaqGeD

In this week's edition of the #SSA roundup: This week we examined how SSA issuers plan to navigate post-election markets next week, as the #EU looks set to lead the way. https://lnkd.in/eHUwkBPq We also took a closer look at what the landslide victory for the Labour Party in the UK means for different corners of the capital markets https://lnkd.in/eHnZ5vPF Rentenbank took advantage of a relief rally after the first round of French elections to bring its first #euro benchmark of 2024. Leopold Olma talked us through the timing of the deal and how relative value helped the issuer secure an oversubscribed, high quality order book https://lnkd.in/evPHwBna KfW also made an appearance this week and made its blockchain-based bond debut. Tim Armbruster, Petra Wehlert and Tim Meirer sat down with us to go through the €100m syndicated deal, the pricing strategy – which entailed a clear ‘digital premium’ – as well as the agency’s plans to further advance its digital journey as it called for other market participants, including the buy-side and central banks, to join in https://lnkd.in/eb7wuYrc #capitalmarkets

Always great to be back at the International Monetary Fund The World Bank Annual meetings. It is a unique opportunity to engage with international partners and discuss both short- and long-term priorities for the European economy. Resilience remains a key feature of the euro area outlook. As we look at the changes around the world, a credible budget framework is essential and we need to priotise projects that are crucial for enhancing our competitiveness in the years ahead. Looking forward to the next #Eurogroup meeting in just a few days where we will delve deeper into these important discussions. #IMFMeetings