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?

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August 2005

FX market round-up



Bank of America grows FX sales force

Bank of America continued to expand its FX franchise last month with four more hires to its London-based global markets sales platform. Rodolphe Alexis has joined as head of European non-reciprocal bank global foreign exchange sales and joint head of corporate GFX sales. Claude Goulet becomes principal in GFX European sales and...


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