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?

July 2003

Japan



Best bank - Bank of Tokyo-Mitsubishi
Best equity house - Nomura Securities
Best debt house - Nomura
Best M&A house - Morgan Stanley

Japan's banks are still having a dreadful time. Despite government reform promises and plans to restructure the financial sector, nothing much is happening to improve their condition. Bank of Tokyo-Mitsubishi is, however, healthier than the rest and takes the best bank in Japan award. It is attempting to clean itself up and dispose of the non-performing...


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