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The bank itself only has about an $80 million exposure to the MF Global loan, having syndicated the rest, according to a person briefed on the matter.
Chad will also continue to serve as Vice Chairman of CMO working closely with Tyler Dickson and Jamie Forese to approve leveraged finance and global loan commitments.
But it also casts a pall over China's record in international lending.China has dramatically scaled up its global loan book over the past five years by dealing with countries largely ignored by Western lenders, whether for political reasons (Russia) or economic (Argentina).
Many of the protesters view the World Bank and the I.M.F. as global loan sharks, hooking lower-income nations on cheap debt and then insisting that they adopt free markets, unlimited investment, privatization and restrained government spending, or risk a cutoff in new aid.
Malpass suggested China join the Organization for Economic Cooperation & Development, a multilateral institution that would require China to reveal its global loan portfolio.
Global loan volume fell 61%, and loan volume in the U.S. fell 53% in the first six months of this year from the first half of last year, according to Dealogic.
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Later she was a co-founder and board member of Women's World Banking, a global loan-guarantee organization.
"These global loans are subsidizing the banking community," Ms. Ridruejo said.
Dexia received three global loans totaling 450 million euros in the last two years, and Air France received loans this year to buy aircraft.
"The European Investment Bank provides global loans to banks, and it is the responsibility of the banks to pass this on to the real economy," he said.
The bank zealously guards its documents, and reveals little information about an activity that accounts for a third of its lending, so-called global loans.
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