Major Country Developments

NAFTA Special Report

US Bank Credit Loss Reserve Coverage Reverts to Pre-Pandemic Levels

Reserve coverage for many U.S. banks is declining toward pre-pandemic Current Expected Credit Loss (CECL) Day 1 coverage levels, as the economic fallout from the global pandemic subsides and stabilizing or improving economic outlooks of the past 12-18 months are incorporated in CECL model forecasts
Read FitchRating's article

Barbarians at the garden gate

Hostility towards private equity’s push into property is misguided.
Read the Economist's article

Information Risk Insights Study: IRIS TSUNAMI

Created by the Cyentia Institute, sponsored in part by Interos, this report identified 50 of the largest multi-party cyber incidents over the past several years in an effort to understand their causes and consequences from beginning to end.
Read Interos's article

World Economic Outlook, October 2021

The global economic recovery is continuing, even as the pandemic resurges. The fault lines opened up by COVID-19 are looking more persistent—near-term divergences are expected to leave lasting imprints on medium-term performance. Vaccine access and early policy support are the principal drivers of the gaps.
Read the IMF's article