With Global liquidity squeezed, a large numbers of foreign banks in SG exposed.
#4

(15-03-2023, 07:53 PM)red3 Wrote:  What squeeze ...

If HQ facing squeeze in US and Europe,

Majority of the foreign banks here similarly unable to borrow a single cent to cover their lending in money market books..

Over a prolonged periods, they will be forced to close and move out.
Reply


Messages In This Thread

Forum Jump:


Users browsing this thread: 4 Guest(s)