EU Banks will get up to nine years to provision defaulted debt

Member states of the EU and the Parliament today reached an agreement on how the banks of the union have to cover defaulted debt. The agreement is here nine months …

‘Single’ banks stepping on their toxic assets cleanup

The regulatory pressure now leading a new concentration process in Spain and other European countries has been noted for months in the intense work by banks to part with toxic …

Banks planning to sell RE assets for over 12.5 billion in two years

Banks are setting 2020 as a goal to drop RE assets remaining in their balances to the lowest. Among the strategic plans of Bankia, Liberbank, Ibercaja and the commercial venues …

Canada’s pension fund, doBank and Haya competing for Altamira

The servicer industry, of assets from the bank is reaching the boiling point. The last market process that’s attracting the larges funds and sector operators in the industry is Altamira, …


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