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?

EuromoneyFXNews.com

EuromoneyFXNews.com

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June 2009

Investment banking: Quigley stresses Bank of America’s commitment to Latin America


One thing Jim Quigley is not short of is confidence. The president of Latin America at Bank of America Merrill Lynch believes that the newly merged firm is well placed to win business as capital markets and investment banking activity begin to pick up.

It has not been an easy time for Merrill Lynch’s Latin American unit. Ever since BofA announced its acquisition of the investment bank in September, rumours have been rife about its plans for the region, from...


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