The truth about Asian investment banking

The truth about Asian investment banking

Reality bites

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?

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December 2009

CMBS: Building blocks


DDR and Fortress provide a glimmer of hope for commercial real estate.


Good news in the commercial real estate market has been hard to come by of late. But there was a glimmer of hope in the US market last month with the launch of a new CMBS transaction – the first in the US market for nearly 18 months. The CMBS market has been among the worst affected by the crisis, and the outlook for the commercial property sector in the country remains...


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