Quote:
Originally Posted by Unregistered
Foreign banks got so big because of excessive leverage, fraud, manipulation, market rigging, money laundering, just do any simple google search and you can find easily all he adverse news as mentioned. Due to lobbying, giving political incentives to push for agenda like the gramm leach bliley.
Go find a job in local bank. Highest capital, traditional lending operations. Once these foreign banks selling their operations in Asia, as seen in stanchart and rbs example. Local banks will have higher advantages to reach out to the next great empire, china!
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You obviously are not in the finance industry. And China's growth has slowed down to a minimal since 3 years ago.