Hedging the world

The World Bank


The past 18 months have been tough for most sovereign lenders. Some of the top firms – including Citigroup, JP Morgan Chase and Fleet Boston – have watched losses on Latin American exposures send their stocks spiralling downwards. Fingers burnt, many lenders are stepping back from emerging markets sovereign lending. The Bank for International Settlements’ third-quarter 2002 lending statistics show credit extended to Latin America continues to contract. But the International Bank

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: