Bank takeover battle may hinge on $6bn bad debts
Hindustan Times
11 Jul 2006
THE HIGH-STAKES battle for a stake in China’s struggling Guangdong Development Bank may hinge on who takes responsibility for more than $6 billion in bad assets, industry sources said on Monday. Citigroup Inc. and France’s Societe Generale have been... read more...
posted by Bank Report @ 9:42 AM
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