• Corpus ID: 15382585

Measuring LGD on Commercial Loans: An 18-Year Internal Study

@inproceedings{Araten2004MeasuringLO,
  title={Measuring LGD on Commercial Loans: An 18-Year Internal Study},
  author={Michel Araten and Michael Jacobs and Peeyush Varshney},
  year={2004}
}
This article presents findings of and highlights issues associated with an extensive internal loss severity study for the JPMorgan Chase (JPMC) wholesale bank. The recently completed loss given default (LGD) study draws upon 18 years of loan loss history at JPMC for 3,761 defaulted borrowers at its several heritage organizations. 

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