Technology, talent and trust The state of global wholesale banking
The current environment is also depressing activity in emerging markets. One senior individual noted, “The view on emerging market investments is pretty negative right now.” Another banker pointed out, “The credit quality of [emerging market] counterparties is a big concern. Plus, in the next 18 months, we will enter the ‘perfect storm’– an environment of highly-leveraged borrowers, depreciating currencies, and increasing interest rates.”
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