Bad Loan Trading
A large part of European debt ends up with investors in the USA. European companies are also doing well. New industry data shows the most powerful players and why more loans could soon burst.
A large part of European debt ends up with investors in the USA. European companies are also doing well. New industry data shows the most powerful players and why more loans could soon burst.
Can’t pay off your credit card debt? Then it may happen that you soon owe money to someone you have never heard of. The reason for this is the flourishing trade in portfolios of unpaid debts – known in specialist circles as “non-performing loans” (NPLs) or “non-performing loans”.
Such loans are often bundled into portfolios by banks or dealers. Investors from all over the world buy the debt and speculate that as much as possible can still be collected. [Mehr dazu können Sie hier lesen.]
An industry report now shows which investment firms in Europe are the biggest buyers and beneficiaries – and suggests that debt trading and investing in debt packages could rise further. Because after the pandemic, energy crisis and inflation, there could soon be even more debtors who cannot pay.
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Published on June 26, 2023.
2023-06-26 14:53:06
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