http://ift.tt/1Jx48x8
A new BIS working paper finds that syndicated interconnectedness causes relatively mild shocks, if they affect the entire network, to be more problematic than the failure of a single active member In 2007, before the financial crisis started unfolding, syndicated loans made up 40% of cross-border funding to US companies and two-thirds of cross-border funding […]
The post How Syndicated Lending Turns Small Shocks Into A Big Problem appeared first on ValueWalk.
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