Yes Bank Rescue: Echoes Of The 1998 LTCM Bailout
The New York Federal Reserve Building where the LTCM bailout was organised in September 1998. (Photographer: Scott Eells/Bloomberg)

Yes Bank Rescue: Echoes Of The 1998 LTCM Bailout

BloombergQuintOpinion
The participation of several private-sector financial companies in the ongoing Yes Bank reconstruction is reminiscent of a similar ‘consortium bailout’ of a large floundering financial firm.
BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.