The truth about Asian investment banking

The truth about Asian investment banking

Reality bites

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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September 1999

Gulf banks thrive despite downturn


A consolidation wave has broken over the Arab banks. In Bahrain, Gulf International Bank and Saudi International have created a new giant. In Saudi Arabia, Saudi American Bank and United Saudi Bank merged. Years of low oil prices and weak economies are the spur, though banks are still making profits. Commentary by Andrew Beikos and Elena Antoniou


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