Tag Archives: AMCs

Why GACs like guarrantee is better than national AMCs

As reported by Reuters European Union finance ministers on Tuesday called for speedier unloading of bad debt by EU banks and recommended more money be put aside by the banks to protect them from trouble. Vice-President Valdis Dombrovskis told a news … Continue reading

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Creval “Elrond” project proves Public AMCs are Useless

Creval completed a securitization deal that will allow the deconsolidation of 1.4Bn NPL. As stated in this previous post  this deal is a further evidence that there is actually no need of Public Asset Management Companies in order to facilitate NPL … Continue reading

Posted in Entering Italian NPL Market, Italian Banks | Tagged , , | 4 Comments