The decision by one of the nation's largest banks to admit to $3 billion in potential losses on foreign loans could mean less lending by commercial banks to developing countries and increasing the pressure on multigovernment lenders to supply the funds.
The decision by one of the nation’s largest banks to admit to $3 billion in potential losses on foreign loans could mean less lending by commercial banks to developing countries and increasing the pressure on multigovernment lenders to supply the funds.