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Why crowdfunding threatens traditional bank lending
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 2007
by Lee Oliver and Chloe Hayward
Jerome Cohen has joined Standard Chartered after a 13-year stretch at ABN Amro. In his new role, Cohen will look after Standard Chartereds complex FX risk team based in Singapore. He will report directly to Richard Leighton, the banks...
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