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?

The truth about Asian investment banking

September 2006

Asia market round-up: From glass ceiling to wild animal


The endless game of musical chairs at private banks in Asia claimed one of its most high profile scalps in August when Credit Suisse poached Marcel Kreis, southeast Asian head at arch-rival UBS, to run its entire Asian operation.

The hire is a major coup for Credit Suisse, since Kreis...


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