Coronavirus-induced downturn will continue to impact the global securitization market in 2021. Recovery will be uneven with constrained issuance volumes, housing and workplace behavioral shifts, tighter underwriting and more ESG focus.
European retail outlook for 2021 goes from negative to stable
After a tumultuous 2020, and a rise in defaults, economies will return to growth. Moody’s forecasts retail profits will climb 8%+ in 2021 for more than half of rated retailers.
European banks face negative outlook in 2021 amid hostile environment