ABU DHABI/WAM On behalf of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, H.H. ...
Read More »Credit expansion faster in China banks
Bloomberg The outsize growth of a country’s banks is a sign that credit expansion is faster there than in other nations. In 1988, 9 of the 10 largest banks in the world were Japanese. Three years later the country’s financial system, along with its lenders, collapsed, sending Japan into its infamous lost decade (or three, considering the country is still ...
Read More »