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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?

January 2006

Private Banking: Northern Trust keeps its eye on the ball

by Kathryn Tully


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Northern Trust focuses entirely on looking after client assets and will not be distracted by ventures into other banking sectors

Northern Trust was outside the top 10 of private banks in the US when Euromoney undertook its first private banking survey two years ago; now it ranks fourth behind JPMorgan, Citigroup and UBS. Its performance is all the more impressive compared with such bulge-bracket competitors because, 116 years after...


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