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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?

March 2007

Portugal’s local brokers hold their own

by Peter Koh

Portugal’s investment banks are holding their own, thanks in part to increased international cooperation between prominent local brokerages across Europe.


Battle rages for a place in Portugal’s equity boom

One of the problems for bankers in small markets is the relative scarcity of deals, which means that everyone competes ferociously for what business there is. This is particularly true for landmark transactions that also attract the interest of the big international banks.

Nevertheless Portugal’s investment banks are holding their own, thanks in part to increased international cooperation between prominent local brokerages across Europe.When bankers at Caixa Banco de Investimento working...


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