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      Tariffs, EV transition, tighter margins test resilience in Europe’s auto sector

      10/6/2025 Research EN

      Tariffs, EV transition, tighter margins test resilience in Europe’s auto sector

      Mixed recent results from Europe’s leading car makers have done little to shift the negative credit outlook for the auto sector despite encouraging trends among some original equipment manufacturers (OEMs).

      Scope publishes final rating methodology on Pharmaceutical Companies

      4/6/2025 Research EN

      Scope publishes final rating methodology on Pharmaceutical Companies

      The methodology is now final following a call-for-comments period and will apply to all issuer and debt ratings of corporates in the sector. The application of the updated methodology will not trigger any rating changes.

      Scope publishes final rating methodology for European Real Estate Rating Methodology

      2/6/2025 Research EN

      Scope publishes final rating methodology for European Real Estate Rating Methodology

      The methodology is now final following a call-for-comments period and will apply to all issuer and debt ratings of European real estate corporates. No impact is expected on outstanding issuer and debt ratings.

      UK banks quarterly: credit fundamentals still resilient but moderating

      2/6/2025 Research EN

      UK banks quarterly: credit fundamentals still resilient but moderating

      UK bank profitability will remain sound in 2025. Asset quality is weakening modestly but remains resilient, capital is adequate and deposit outflows have reversed. The stable outlooks on our UK bank ratings indicate that risks are broadly balanced.

      UniCredit: Large M&A setbacks will not curb strategic ambition

      30/5/2025 Research EN

      UniCredit: Large M&A setbacks will not curb strategic ambition

      Bolt-on acquisitions and investments will improve the group’s diversification and consolidate its pan-European market position, but transformational deals remain complex and subject to political barriers.

      Italian Bank Quarterly: banks well positioned to weather economic headwinds

      20/5/2025 Research EN

      Italian Bank Quarterly: banks well positioned to weather economic headwinds

      Italian banks are among the most profitable in Europe and the outlook is favourable, even if we anticipate lower profits in coming quarters. M&A may reshape the sector, though execution risks are rising.

      European bank operating environments 2025: resilient picture despite macro and trade uncertainties

      19/5/2025 Research EN

      European bank operating environments 2025: resilient picture despite macro and trade uncertainties

      Operating environment assessments, the starting point for the analytical process, reflect regulatory and supervisory convergence. Ratings are determined by economic, sector and bank-specific factors. Despite uncertainties, the picture is resilient.

      Webinar: where is the global economy headed amid global tariff uncertainty?

      7/5/2025 Research EN

      Webinar: where is the global economy headed amid global tariff uncertainty?

      Wednesday, 28 May, 3 pm CEST

      European Bank Capital Quarterly: solvency positions a strength in uncertain times

      6/5/2025 Research EN

      European Bank Capital Quarterly: solvency positions a strength in uncertain times

      The robust solvency of European banks and their capacity to absorb credit losses from ordinary profitability provide important buffers against credit deterioration at a time when US trade policy is impacting Europe’s growth and interest-rate outlook.

      Growing supply-demand imbalance threatens housing affordability in Europe

      29/4/2025 Research EN

      Growing supply-demand imbalance threatens housing affordability in Europe

      European households will see housing affordability deteriorate as the supply-demand gap persists and prices continue to rise. Stimulus measures are urgently needed to boost housing supply in European countries where the situation is particularly acute.