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 truth about Asian investment banking

July 2010

BoA comms stricter



What’s in a name? The problem for the business that Ken Lewis created is: far too much.

Now his successors are struggling with the concept of how to shorten the mouthful that is Bank of America Merrill Lynch.

Obviously sensitivities are high: one legacy business stands...


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