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

Why French banks need a shake-out


Competition in French banking is distorted by an outdated legal framework. French banks need to be downsized and made more profitable. Their returns on equity and cost/income ratios are deplorable. Strong statements. But those aren't Euromoney's views, they're the views of Marc Viénot, chairman of one of France's biggest banks, Société Générale. He spoke to Felix Salmon


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