Bob Durante is a Senior Director in Credit Risk Solutions for S&P Global Market Intelligence. In his role, Bob is responsible for managing client service engagements, providing analytical thought leadership, and helping clients measure and manage their credit risk. Since joining S&P Global Market Intelligence in 2008, Bob has led dozens of client engagement projects that focus on the development of internal risk rating systems, validation of risk rating and stress testing models, and deployment of dozens of Credit Assessment Scorecards representing all major asset classes. Prior to this role, Bob has held senior analytical and managerial positions at S&P Global Public Finance Ratings including chairing rating committees to assign, confirm, update or downgrade credit ratings. Bob also leads a regular video series called Risk Insights that provides thought leadership and information sharing for existing and prospective clients. Bob is noted for his award-winning level of client service, thought leadership, analytical innovation and project/staff management.
COVID-19 has been adversely disrupting all sectors of the economy, however, in the United States, few asset classes could experience the magnitude of potential credit deterioration as the US Municipal Market. From October 2020 onwards, municipal issuers started reporting the first audited financial statements for the period ending June 30, 2020. We believe these are the first financial results that reflect the impact of COVID-19 on municipal issuers. Leveraging our Public Finance Automated Scoring Tool (PFAST) we have analyzed the data contained in more than 2,000 reports to understand the credit impact of the pandemic on these entities. In this webinar, we will share specific insights on:
Speakers: Robert Durante and Isabella Vallory
