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

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October 2009

Investment management: Bradesco pushes ahead

by Chloe Hayward


Bradesco, one of Brazil’s leading banks, and Portugal’s Banco Espírito Santo have joined forces to create a new private equity company that will operate in Brazil.

The company, known as 2bCapital, will be jointly controlled by Bradesco’s asset management subsidiary, BRAM, and Espírito...


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