THEME: BANKING ON EMERGING MARKETS
13TH OCTOBER, 2022
WASHINGTON DC, USA
In the wake of the recent economic melt-down, the banking industry in the developed markets has been transformed — mighty giants have come crashing down into bankruptcy, and too-big-to-fail behemoths have been given urgent financial transfusions in order to revive them. However, the story is starkly different in the emerging markets, where the banks have raced ahead as their Western counterparts have languished.