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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?

July 2006

Global Best Investment Bank: Merrill Lynch


Under Stan O’Neal’s leadership, Merrill is back as a force to be reckoned with in investment banking.


The new Awards for Excellence are live – View the winners nowEuromoney Awards for Excellence 2006Global Best Bank I Global Best Investment Bank I Global Best M&A house I Global Best investment-grade debt house I Global Best leveraged finance house I Global Best ABS house I Global Best project finance house I Global: Best equity house I Global Best equity-linked house I Global Best structured product house I Global Best risk management house I Global Best commodities house I Global Best credit derivatives house I Global Best CDO house I Global Best foreign exchange house I Global Best cash management house I Global Best investor services house I Global Best private bank I Global Best private equity house I Global Best hedge fund manager  Making a call on the best investment bank in 2006 is an incredibly difficult process. Investment banks continue to churn out record numbers quarter...


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