Banks’ Emerging-Market Boom Leaves a Grim Legacy
Residential and commercial buildings stand on the city skyline beside a waterway and the Maputo-Catembe suspension bridge development in Maputo, Mozambique. (Photographer: Waldo Swiegers/Bloomberg)

Banks’ Emerging-Market Boom Leaves a Grim Legacy

(Bloomberg Opinion) -- Emerging markets were a boon for bankers after the 2008 crisis, when resource-rich Africa and Asia seemed to have definitively decoupled from the debt-laden economies of the ...
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