The truth about Asian investment banking
EuromoneyFXNews.com

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September 1996

Financial shocks: where next?


Financial crises have a habit of hitting where the world least expects. No-one predicted that disaster would strike Barings in Singapore, the Mexican peso, Daiwa Bank, the copper market, Morgan Grenfell Asset Management ­ to mention only the worst debacles of the past year. So where is next? Euromoney writers identify some possibilities. A crash in credit cards? Gridlock in foreign exchange settlements? A catastrophic loss of confidence in Hong Kong after the handover to China? First, Brian Caplen reports on the results of brainstorming with forecasters and analysts and highlights some dangers ahead


 What keeps them awake at night  The fear that dares to speak its name  Risk management's final frontier  Foreign passport, who needs one? ...


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