In Europe, the balance between publicly owned and privately owned financial institutions varies through time and from country to country. Historically, nationalisations and privatisations have moved the balance backwards and forwards. So has the recent financial crisis. Mathias Schmit, Laurent...

This paper is devoted to recovery and residual value risks modeling issues of automotive lease portfolios. First, loss given default distributions are estimated and compared for different samples based on risk drivers. Secondly, residual value risk is approached through a re-sampling technique...