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.
John Caparusso is a Senior Financial Sector Expert in the Global Markets Analysis Division of the IMF’s Monetary and Capital Markets Department.
The majority of the $7 trillion in banks’ dollar lending outside the United States is handled by banks based in Europe, Japan and elsewhere.
La banca europea ha realizado avances considerables en los últimos años: la capitalización se ha afianzado, la regulación es más estricta y la supervisión ha mejorado. Pero la rentabilida...