Tough talk on NPLs as ECB prepares takeover
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Tough talk on NPLs as ECB prepares takeover

ECB new building 2014 dawn

As the European Central Bank prepares to take over supervision of Europe's biggest banks, the rigorous approach it adopted in the Asset Quality Review, unearthing €136bn of non-performing loans that had been miscategorised, will become the norm, not the exception.

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