【CFA Japan Seminar Announcement】
Title: Profiling Global Corporate Credit Quality
Date: July 8th (Monday), 2019, 18:30-20:00
Venue: Room1,2, FINE TOKYO, 5th Floor, South
Tower, Otemachi Financial City, 1-9-7 Otemachi, Chiyoda-ku, Tokyo
(For those who take
the subways to come: From Tokyo Metro Otemachi Station, please use the
passageway directly connecting to the first basement floor of the building.
Then take the South Elevator from the first basement floor or the first floor
to the fifth floor.
For those who come from the surface street: Please enter the SouthTower,
Otemachi Financial City from FINE TOKYO Entrance that is across the street
of Sankei Building. Then take the South Elevator from the first floor to the
Specialty Focus Areas: Fixed Income, Investment Management Strategy (CE credit eligible)
Speaker: Ms. Diane Vazza (Managing Director, Global Head of Fixed Income Research,
S&P Global Ratings)
Fee: CFA Japan Members, CFA Members of other societies, Associate Members, Professional Members：Free, Candidate Non Members: JPY 2,000, Non-members: JPY 3,000
With central banks around the world taking a more-dovish stance toward monetary-policy normalization, we look at global credit metrics.
In every region across the globe, the number of companies whose credit ratings have been downgraded has hit a three year high. Median credit ratings in most sectors are near the bottom of their 20-year ranges, implying higher vulnerability to downgrades should conditions materially erode. Where are we in the default cycle? Is there a risk that downgrades of BBB rated companies could cause major market dislocation?
Diane Vazza is Global Head of Fixed Income Research at S&P Global Ratings and chairs the firm's Ratings Performance Governance Council. Her team's analyses, forecasts and research on global credit markets and studies on ratings behavior have earned an international audience.
Diane began her Wall Street journey by surviving Chase Bank's two-year credit training program. Her career spans banking, capital markets, regulatory oversight, trading, and credit research at Chase, Drexel Burnham Lambert, and Citibank. Credit Magazine named Diane one of the top 50 women across the globe in credit and fixed income. She has traveled to over 100 countries.
She is past President of the Fixed Income Analysts' Society (FIASI), Chaired FIASI's Inaugural 2015 & 2016 Women in Fixed Income Conferences (WiFI-New York and Boston) and currently sits on FIASI's Board of Directors.
Diane is a certified Emergency Medical Technician (EMT) and volunteers for Emergency Medical Services (EMS) 911 rescue squad.
Diane holds a BA degree in both Classics (Latin and Ancient Greek) and French from College of the Holy Cross.