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?

Euromoney’s 2012 FX survey results

Euromoney’s 2012 FX survey results

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Skip Navigation LinksHome :: Back Issues :: German Capital Markets: Making the move to centre stage

March 1999

German Capital Markets: Making the move to centre stage


The launch of the euro seems to have strengthened German banks' competitive advantage, rather than undermining it as some had expected. Despite increased competition, the capital market is going from strength to strength. And feeding on this growth is Frankfurt - home to the European Central Bank - fast becoming the financial epicentre of euroland. Is this all too good to last? Laura Covill reports.


When the French won benchmark status for their sovereign debt - though for shorter maturities rather than the more prestigious long end of the yield curve - many expected the Germans to be up in arms. Not so. ...


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