US banks have just US$13B exposed to UAE
As nervous as I was on Friday morning about the ability of global banks to duck the impact on a payment standstill at Dubai World (see prior post “Eid’s pause won’t help Western Banks...
Tagged: american banks
Eid's pause won't help Western Banks as Dubai reels
The markets are closed in Dubai today for Eid. After a crazy 36 hours on the local trading desks, the respite will be particularly welcome; even if Sunday is coming. A friend of mine...
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