U.S. Firm Tapped To Manage Spanish Bad Bank
The Spanish government has retained Alvarez & Marsal, the U.S. professional services firm, to manage its new bad bank, which is expected to hold a total of EUR184 billion ($223.6 billion) of toxic assets from the nation’s most troubled banks.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast