The money network:

The money network:

Why crowdfunding threatens traditional bank lending

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?

August 2005

Asia market round-up



Taiwan: merger of equals kicks off consolidation

Taiwan's bank consolidation, eagerly promoted by the government, seems to be starting in earnest. In June, SinoPac Financial Holdings and International Bank of Taipei announced a deal to form Taiwan's fourth-largest privately owned bank.

Promoted as a merger of equals, the deal entails the acquisition by SinoPac of IBT in a...


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