Deprcon Warning
Global banking problems raise their head
Japanese Norinchukin Bank has announced that it will sell around a sixth of its global portfolio to cover for unrealized losses. Implications of the problems of Norinchukin to the global banking sector can be dire.
Keep reading with a 7-day free trial
Subscribe to GnS Economics Newsletter to keep reading this post and get 7 days of free access to the full post archives.