Paul Bishop is the Product Lead for Credit Analytics in S&P Global Market Intelligence’s Asia Pacific Risk Services team, based in Singapore.Full Bio
Paul Bishop is the Product Lead for Credit Analytics in S&P Global Market Intelligence’s Asia Pacific Risk Services team, based in Singapore. He is responsible for Credit Analytics Product business across Asia Pacific. Paul has experience as a product manager in the credit and counterparty risk space and was previously Product Manager - Ratings & Credit Content in EMEA, based in London. Prior to this Paul focused on EMEA product strategy covering Investment & Commercial Banks, Private Equity and Credit Markets.
Paul joined S&P Global Market Intelligence in 2011 in London, UK. Paul holds a BA (Hons) in Political Science & International Relations from the University of Birmingham and a CFA IMC.
本文旨在提供关于新冠疫情对中国内地航空公司影响的案例分析示例。除了蔓延全球的新冠疫情之外，近期原油价格大幅下跌以及市场主流股票指数波动等事件均加剧了全球信用市场的混乱。这些市场振动严重影响了全球上市公司的股价，从而造成基于股价的市场隐含违约率的大幅上升。考虑到目前市场对于部分受疫情直接影响行业的关注，我们利用标普全球市场财智（以下简称“市场财智”）的信用产品信用分析(Credit Analytics)对中国内地航空公司进行了分析。我们首先通过市场信号模型(PD Model Market Signals)评估了疫情对航空公司影响的严重程度，然后基于公司财务报表设计了不同的压力情景，利用信用模型(Credit Model TM )分析各公司在不同情景下的表现。 概述 作为市场财智信用分析的其中一个模型，市场信号模型将公司股价的波动与违约距离的概念相结合，...
This paper aims to provide an illustrative case of Covid-19 impact on Chinese airline companies. Along with recent coronavirus outbreaks around the world, there are a series of major events adding to the market turmoil, such as the crude oil crash and several major markets index movements. These shocks have significantly affected the equities of the corresponding publicly trade...
Hyflux Ltd. (Hyflux) is a Singaporean water utility company, which announced on 22 May 2018 that it had applied to the Singaporean High Court to begin a court-supervised process of debt and business reorganization. 1 S&P Global Market Intelligence’s Fundamental Probability of Default (Fundamental PD) increased nearly nine-fold from 0.5046% (an implied credit score of bb+) 2 to ...
