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?

September 2000

Scottish Widows: End of story for moaning Orie

by Julian Marshall

Troubles continue at Scottish Widows, whose chief executive, Orie Dudley, is leaving after publicly criticizing his bosses.


It has been a hard year for the Edinburgh investment house. First it had to absorb a difficult merger with Hill Samuel - many of whose fund managers preferred to Find new jobs rather than leave London for bonny Scotland.

It lost its one real star manager, Albert Morillo, head of European equities, who jumped ship to BlackRock prompting several clients to follow.

Then Dudley Fired his head of UK equities, Mike...


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