they meet any or all or these criteria
1) They originate in a newly de-regulated economy/banking system
2) They originate in politically unstable/potentially corrupt political systems (seriously, don't say "that's GB"...)
3) Companies within the host country start to make newsworthy acquisitions at a fast pace.
4) "High Growth/Tiger economy" phrases start creeping into these articles
5) Lack of an income generating (manufacturing) base - where does all this money to buy things come from?
6) They suddenly appear as No. 1 - the Sunday broadsheets "best rate" tables...
7) If a UK bank - have they been bought out by a parent with any of the above?
Examples:
ICICI Bank UK
First Bank of Nigeria (who in their right mind thought that was a good idea???)
1) They originate in a newly de-regulated economy/banking system
2) They originate in politically unstable/potentially corrupt political systems (seriously, don't say "that's GB"...)
3) Companies within the host country start to make newsworthy acquisitions at a fast pace.
4) "High Growth/Tiger economy" phrases start creeping into these articles
5) Lack of an income generating (manufacturing) base - where does all this money to buy things come from?
6) They suddenly appear as No. 1 - the Sunday broadsheets "best rate" tables...
7) If a UK bank - have they been bought out by a parent with any of the above?
Examples:
ICICI Bank UK
First Bank of Nigeria (who in their right mind thought that was a good idea???)
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