Criticism is mounting of the IBRA’s restructuring efforts. But any
assessment must factor in the volatile environment in which the agency
had to operate, says Brian Caplen.
Criticism is mounting of the IBRA’s restructuring efforts. But any
assessment must factor in the volatile environment in which the agency
had to operate, says Brian Caplen.
China may have to swallow the unpalatable and seek foreign assistance if it is to remedy its huge non-performing loan problem. Brian Caplen reports.
Bankers used to roll out the red carpet for corporate CEOs who were their most important clients. Now most of their business is coming from other banks. Brian Caplen reports on the rise of the financial institutions group.
Economic recovery has strengthened Russia’s banks but while the old banking structure persists the sector is open to many risks.
In times of turbulence, investors flocked to Brazilian banks. They always delivered in the worst kind of scenarios. But what if Brazil becomes stable? Brian Caplen analyses how things could change.
Since September 11, the finance sector has come under the spotlight for its role as a conduit for terrorist funds. Politicians are making great speeches and blaming the banks. But to stop the abuses would require no less than a politically unacceptable clampdown on minorities, the curtailing of civil liberties and the halting of world trade.