Banks Expect Writedowns on Brazil Loans: Bankers...
From Times Staff and Wire Reports
Banks Expect Writedowns on Brazil Loans: Bankers in New York said the Interagency County Exposure Review Committee is expected to require banks to write down a large percentage of their outstanding loans to Brazil, perhaps within a week. the committee is made up of membersof the Federal Reserve Board, the Office of the Controller of the Currency and the FederalDeposit Insurance Corp.
Start your day right
Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week.
You may occasionally receive promotional content from the Los Angeles Times.
