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?

Euromoney’s 2012 FX survey results

Euromoney’s 2012 FX survey results

Access the results now

May 2010

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Bank of America: Office polly-tics


Just when Bank of America thought it had come through the dark days of 2009 Angela Iannelli and Luke enter the fray. Iannelli, a mortgage client of Bank of America, is suing the bank for stealing her parrot, Luke.


According to the allegations, the bank wrongly repossessed her home and the agent, acting on behalf of Bank of America, trashed it and stole the parrot.

The bank has now apologized for the incident and is looking into the allegations.

The much-loved Luke and Iannelli have been reunited.








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