Euromoney’s 2012 FX survey results

Euromoney’s 2012 FX survey results

Access the results now

China’s $1.7 trillion hangover

China’s $1.7 trillion hangover

Up to 40% of China’s $1.7 trillion LGFV loans are at high risk of default. What’s a panicking Beijing to do?

September 2005

Meet your new European bank: the financial cornershop

by Mark Brown, Philip Moore

Public-sector banks in Europe have hit on a new and potentially profitable idea. They're trying to turn themselves into localised versions of the universal banking model. Who are some of the successful early movers? And we look at how Europe's cooperative banks are teaming up in debt capital markets.


Throughout Europe, public sector banks have engaged in an attempt to redesign themselves. They want to lose the inert and conservative image of the past and turn themselves into progressive and profitable financial institutions that offer a clear strategy to existing and potential clients.

Those such as Germany's Landesbanks have been forced into action by...


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