Euromoney’s 2012 FX survey results

Euromoney’s 2012 FX survey results

Access the results now

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?

December 1997

Yodeller of the year



Asia may be crumbing, and rumours of losses on several investment banks' proprietary trading desks are beginning to do the rounds, but that doesn't appear to be hampering the desire to splash out on lavish Christmas parties.

Literally, in one case. Five houses have revived last year's idea of having a joint party, and this year have chosen the London Aquarium as their venue. Goldman Sachs is again running the books for the deal, and is...


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