Worries Over Banks’ Exposure to Emerging Markets Are Warranted

American Banker
February 3, 2014

Anyone observing the current market volatility influenced by some troubled emerging markets should be concerned about whether global systemically important banks can withstand potentially prolonged turmoil. When I first heard the phrase “emerging markets and developed ones were decoupled” back in 2008, I argued that they might be like an old married couple: though they may not sit so close together anymore, they are, indeed, married…Read More

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