s under the EU's Resolution & Recovery Directive (RRD) will be brought forward to 2015 from the current 2018 time-frame. • As such, our colleagues in European Credit have examined the implications of changing recovery rate expectations across the bank capital structure. Assuming that covered bonds remain outside t

olution & Recovery Directive (RRD) will be brought forward to 2015 from the current 2018 time-frame. More details in ... • As such, our colleagues in European Credit have examined the implications of US Credit Markets Outlook and Strategy, Eric Beinstein changing recovery rate expectations across the bank capital

s under the EU's Resolution & Recovery Directive (RRD) will be brought forward to 2015 from the current 2018 time-frame. • As such, our colleagues in European Credit have examined the implications of changing recovery rate expectations across the bank capital structure. Assuming that covered bonds remain outside t

Rossi Julie Siegel Managing Director Managing Director, Financials Consumer/Retail, Food& Beverage Building Products, Gaming Managing Director, European Credit Managing Director, Legal Pawel Pawlowski Nick Partinnon line Chen Gabriel Eners James Sutton Institutional Credit Strategies Energy, Chemical

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