Breakingviews on Twitter
Search League Tables

Tuesday, 31 May 2016

Dubai shock won't sink foreign banks

No great Sheikhs

Shares in banks that lent to Dubai World plunged after the stateowned holding company announced a standstill on debt payments. But the possible losses don t look very large, unless the whole oilrich UAE comes undone. Dubai s neighbours are more likely to reduce lenders pain.

This content is for Subscribers only

To access full content you must be a subscriber. Please use the following link to request a trial.

Sign In

(Launches in a new window)