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 money network:

The money network:

Why crowdfunding threatens traditional bank lending

July 2009

Best transaction banking house



2009 Awards for Excellence

Best Bank

Best Investment bank

M&A house

DCM house

ECM house

Risk management house

Foreign exchange house

Commodities house

Short-term debt house

Corporate restructuring house

Securities restructuring house

Sovereign advisory

Project finance house

Equity derivatives house

Structured products house

Transaction banking house

Investor services house

Wealth management house

Private equity house

Hedge fund

Emerging markets bank

Emerging markets investment bank

Emerging markets DCM house

Emerging markets ECM house

Emerging markets M&A house


HSBC: HSBC has benefited from financials’ and corporates’ desire to have contingency arrangements, while its solid balance sheet is an added attraction

Also shortlisted in this category:
Citi, Deutsche Bank

In a normal year, it would be hard to deny Citi an award for excellence for transaction banking. The bank is the benchmark: it has the broadest geographical coverage and the widest and most technologically...


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