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

Unwanted inheritance

15 January 2008 By Antony Currie

New chief Vikram Pandit has done well to boost capital, and top up loan loss reserves, which could leave the US megabank better placed for a downturn. But it still has some $37bn of CDO exposure, $50bn of dicey mortgage loans, and its car loans business is mostly subprime.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)