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WHERE'S THE BONANZA?

Authors :
Reed, Stanley
Source :
BusinessWeek; 09/21/98, Issue 3596, p52-92, 1p, 1 Color Photograph
Publication Year :
1998

Abstract

The article reports that the problems of U.S. banks that invested heavily in Europe in anticipation of market growth. There has been a significant slowdown in the sale of risky financial instruments, from emerging markets to lower-rated corporate bonds. Europe's financial sector has been negatively affected by the collapse of Russia.

Details

Language :
English
ISSN :
00077135
Issue :
3596
Database :
Complementary Index
Journal :
BusinessWeek
Publication Type :
Periodical
Accession number :
19207394