Silver Point

Thomas J. Monaco

Independent Insight Provider

Silver Point is a boutique research firm that focuses on the broader financial services sector, with a particular focus on troubled institutions globally. 

Asia Ex Japan

Equity Bottom-Up

Edelweiss Financial Services / Equity Bottom-Up

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Turnaround Well Out Into Future: Edelweiss Financial Services (EDEL.IN) [Edelweiss] held an investor call. The update was disappointing to say the least;</li>
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Credit Model Review Already Behind Schedule: Edelweiss intended to complete a detailed review of its corporate loan book in FY 4Q20 and update its Expected Credit Loss (ECL) model. Well, FY 4Q20 is over and there is no update. That said, we and management continue to believe that this final review should help expedite the disposal of its hefty corporate credit book. </li>
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Turnaround Well Out Into Future: Edelweiss Financial Services (EDEL.IN) [Edelweiss] held an investor call. The update was disappointing to say the least;

Credit Model Review Already Behind Schedule: Edelweiss intended to complete a detailed review of its corporate loan book in FY 4Q20 and update its Expected Credit Loss (ECL) model. Well, FY 4Q20 is over and there is no update. That said, we and management continue to believe that this final review should help expedite the disposal of its hefty corporate credit book. 


Edelweiss Financial – Not A Lot of Confidence