The truth about Asian investment banking
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?

December 2009

FX: RBC Dexia hires global head


This story was first published on theweeklyFiX, for more details please click here

Steve ‘Wham’ Braithwaite has resigned from his role as Saxo Bank’s head of FX and fixed-income trading and returned to his London roots as RBC Dexia’s global head of FX trading. Sources close to Braithwaite suggest that he had grown tired of the commute between London and Copenhagen and that he is looking forward to his new challenge.


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