GC
Taiwanese banks ditch IB-led loans over default fears, MoF guidance
Taiwanese banks are increasingly asking their loans teams to avoid participating in deals led by global investment banks, in line with guidance given by the finance ministry last year and over fears of being burnt again by possible defaults.
GlobalCapital Asia understands that the head offices of a few Taiwanese banks have asked their syndication teams to stop lending to dollar deals led by investment banks this year. A handful of others told GlobalCapital Asia that while there is no such explicit mandate yet from their bank
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