The truth about Asian investment banking
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 1996

Interview: Edson Mitchell's game plan


Edson Mitchell's bold attempt to turn Deutsche Morgan Grenfell (DMG) into a world-beating bond house has made headlines in the past year. He has employed about 500 new staff ­ including many from his old firm, Merrill Lynch ­ in little more than 12 months. But until now Mitchell has shied away from talking publicly about his plans. Here, for the first time, he reveals what his aims are ­ and how he's going about achieving them. Mitchell spoke to Garry Evans


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