The crisis as a wake-up call
This post argues that the outbreak of the sub-prime mortgage crisis prompted banks to screen and monitor their corporate borrowers more carefully. This “wake-up call” was particularly strong for relatively opaque loans. It already materialised before the Lehman Brothers collapse…
In defense of foreign banks
‘Banker’ has recently become somewhat of a dirty word and ‘foreign banker’ a most reviled sub-species. Over the last months foreign banks have, amongst other things, been accused of abandoning some of the emerging markets that have contributed so much…
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