Showing posts with label credit ratings. Show all posts
Showing posts with label credit ratings. Show all posts

Saturday, August 10, 2013

Exclusive: China to let banks sell off loans in prelude to possible bailout

(Reuters) - China is developing a new trading platform to enable banks to sell off loans to a wider range of investors, in a move that could pave the way for a government bailout of lenders or distressed asset sales to private investors.