Learn about the Merton Model for evaluating corporate credit risk, developed by Robert Merton in 1974, and used by analysts and lenders for credit default predictions.
Shifting focus from "What happened?" to "What is about to happen?" gives firms the ability to get ahead of the credit cycle. Despite the U.S. Federal Reserve beginning a tentative ...
This article was written by Jerome Barkate, Nakul Nair, Zane Van Dusen, and Scott Coulter. We are witnessing a remarkable period in the credit markets. Following years of accommodative monetary ...