APAC governments tipped to supportfailing banks.

• Autores: Ashley Lee
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 33, Nº. 8 (Sep2014), 2014
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The article reports on the claims of analysts from ratings agency Fitch Ratings Ltd. who have predicted that nearly all banks in the Asia Pacific will support a failing financial institution, highlighting the importance to their domestic economies. The agency's study found 3% of corporate default rate of financial institutions in the region between 1990 and 2012 but sees around 7% after five years. Fitch also adds that 16% of their balance sheets are from global wholesale funding market.