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Abigail Hofman:

Abigail Hofman:

I wonder if ______ is an extremely optimistic person or in a cocoon of senior management denial

The US treasury market reaches breaking point

The US treasury market reaches breaking point

The structural issue that could cause the world's market of last resort to grind to a halt

Tuesday, July 22, 2008

Non-performing loans of China's commercial banks decline to 6.1% in June.





Non-performing loans of China's commercial banks decline to 6.1% in June. According to the People's Daily, recent figures of the China Banking Regulatory Commission (CBRC) show that the non-performing loans (NPLs) of China's commercial banks declined to 6.1% as of June. The outstanding balance of non-performing loans (NPLs) at commercial banks amounted to CNY 1.17628tn, a decline of CNY 24.71bn in comparison to the beginning of the year. The coverage rate of loan loss provisions increased by 5.61% compared with the corresponding period of the previous year.







The environment where anyone can leave a big firm and say I wanna start a hedge fund’ and have people throw money at them is clearly over

Grant Kvalheim, former president of Barclays Capital, is one of many senior bankers mulling life after the credit crunch

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