Defaults Fall in 2003, But Questions Linger

The global default rate tumbled throughout 2003. It closed out the year at 4.57%, down from 9.37% at the beginning of the year. The lower default rate can be partly explained by typical economic behavior in every economic sector. Banks pulled back across the board after the stock market bubble. The...

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Veröffentlicht in:	U.S. Banker 2004-02, Vol.114 (2), p.14
1. Verfasser:	Lee, Conrad
Format:	Artikel
Sprache:	eng
Schlagworte:	Banking industry Default Economic activity Federal regulation Interest rates
Online-Zugang:	Volltext
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