Hints and tips:
...(Financial Times) - The story of a Chinese trustco loan gone bad. (Wall Street Journal) - Running the numbers on a ‘radically refocused’ future Barclays....
...It recently gained approval from the South African Reserve Bank to trade the Zambian maize contract, its first dollar-based African product....
...Those who are most likely to turn to wealth management products, trustcos, and the like. Much of which — you guessed it — ends up in property....
...(Wall Street Journal) - Risks are brewing in China’s trustcos. (Financial Times) - Why the big banks (and others) don’t want big banks to break up....
...As Rabinovitch writes, the government wants to lessen the banks’ outsize role in corporate financing. But are trustcos and wealth management products any more appealing?...
...Trust company loans, meanwhile, are at punishing interest rates: And that’s if you can get the things: S&P says increasing regulatory scrutiny and rising credit risk will make those trustco loans even more...
...(Financial Times) - JP Morgan gets into China trustcos – the bank will take a minority stake in the tiny, Hennan-based Bridge Trust Co....
...The US investment bank, which had operated in South Africa through local brokers, had been a big player in Johannesburg....
International Edition