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

Radiating pain

4 Feb 2008 By Jeffrey Goldfarb

The US bank was sacked as adviser to Brazil s Vale for not helping to fund a possible bid for Xstrata. Caution in tough times is admirable. But turning away business has its own costs in league tables and client relationships. The pain of subprime losses is spreading.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)