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Indonesia bank rally imperilled by sluggish lending, bad loans

Bloomberg The rally in Indonesian bank stocks may be nearing an end amid sluggish credit growth and tougher regulations for loan quality assessments. Equity analysts are now downgrading banking stocks after the Jakarta Finance Index rallied 21 percent this year—more than double that of the main gauge—as they expect nonperforming loans in the $527 billion industry to creep up again. ...

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Nordea move has Riksbank chief warning of dangerous fallout

Bloomberg Nordea Bank AB’s relocation from Stockholm to Helsinki in pursuit of a friendlier regulatory environment is drawing expressions of dismay from some of Sweden’s highest-ranking officials. Stefan Ingves, the governor of Sweden’s Riksbank and the chairman of the Basel Committee on Banking Supervision, called the decision “dangerous for everyone in the Nordics and Baltics” if Nordea’s intention was to ...

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Private equity prowls for young bankers early in frenetic ritual

Bloomberg Wall Street’s newbies—investment banking analysts straight out of college who just hit the desk—have barely started one job when another starts beckoning. Junior analysts a few weeks on the job can now expect a flurry of emails from headhunters for some of the most prestigious private equity firms in the world. The jobs they’re being recruited for can pay ...

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