Financial and Monetary Systems
The problem with dollar lending outside the US
The majority of the $7 trillion in banks’ dollar lending outside the United States is handled by banks based in Europe, Japan and elsewhere.
Aki Yokoyama is a senior financial sector expert in the Monetary and Capital markets Department. He previously worked in the foreign reserve management office of the Japan Ministry of Finance as well as in the research of J.P. Morgan as market strategist, drawing up market outlook and investment strategy including asset allocation primarily in the global fixed income market.
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