Hey, are you a Loan? ’Cause you have got all my interest!
Italian Banks face a new perspective: the Bad Bank model
Walking into a Canary Wharf or Wall Street bar/club, this is probably the worst banter that you can ever hear from junior bankers who, after hours spent in pitching companies and structuring financial models, try to approach the most wanted top-model of the night. I do not have to specify how many times this gimmick […]
In late January, after an intense phase of negotiations with the European Commission, Italy reached an agreement in order to create the Bad Bank. In compliance with the EU regulation against state aids, the Bad Bank scheme will not be a bailout. Technically, it will consist in offloading the Italian banks’ NPL portfolios by […]