Alistair Scarff

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2 documents for Alistair Scarff
  • ...As a result, Alistair Scarff, head of Asia Pacific financial institution...

  • Over the past decade, China's government has been working on an ambitious plan to improve the health, transparency and effectiveness of its country's sprawling banking system. Weighed down with bad loans, mired in bureaucracy and often plagued by corruption, the banking system was in dire need of reform -- and reform it did. As part of the reform process, the banks sought out strategic foreign investors that could share technology, risk-management techniques and industry know-how. The government is not relying on looser lending conditions alone to revive the construction sector, however. China has introduced an ambitious 4 trillion yuan stimulus plan that will involve heavy investment in infrastructure construction. The banks, as the central elements in the financial system, play import...

    ...Alistair Scarff, head of Merrill Lynch's Asia-Pacific finan...



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