We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Hands off across the water

31 January 2012 By Wayne Arnold

British and U.S. banks have joined European rivals in repatriating credit. New data shows they sucked $87 billion in credit out of the region in the third quarter. That has sent Asian corporate borrowing costs to mid-2009 levels. More bad news from the EU could send them higher.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)