(Reuters) - Ratings agency Moody's Investors Service said on Friday
that the impact of the subprime meltdown on Asia's lenders
would be limited, with the largest exposure among the biggest
banks through holdings of mortgage-backed securities and
collateralised debt obligations. [ID:nWNA7262]
Standard & Poor's said Japanese banks have about $8 billion
of subprime-related securities, according to the Japanese
Bankers Association, while a small number of financial services
firms in Taiwan have a much smaller combined level of exposure.
[ID:nSPWAcEJwa]
Read more at Reuters.com Bonds News
that the impact of the subprime meltdown on Asia's lenders
would be limited, with the largest exposure among the biggest
banks through holdings of mortgage-backed securities and
collateralised debt obligations. [ID:nWNA7262]
Standard & Poor's said Japanese banks have about $8 billion
of subprime-related securities, according to the Japanese
Bankers Association, while a small number of financial services
firms in Taiwan have a much smaller combined level of exposure.
[ID:nSPWAcEJwa]
Read more at Reuters.com Bonds News
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