WJ Global Group

"With its extensive network of manager relationships, Theta Capital is now oiling its investment gears to back some of the best distressed credit managers in anticipation of a new distressed cycle." #distresseddebt #NPL #Europe #WJGlobalGroup hedgeweek.com/2020/09/07/289…

"Piraeus Bank, one of the four largest Greek lenders, said on Tuesday it has signed a deal with Sweden's Intrum to handle a bad loan portfolio." #nonperformingloans #NPL #badloan #Greece #Sweden #WJGlobalGroup nasdaq.com/articles/pirae…

"The share of non-performing loans in their portfolios by July 2020 stood at 63%." #nonperformingloans #NPLs #DistressedDebt #Ukraine #WJGlobalGroup unian.info/economics/stat…

"Sareb, the so-called "bad bank", has sold the Vistalegre Aparthotel in Cala Mendia for three million euros." #badbank #distressedebt #NPL #Spain #WJGlobalGroup majorcadailybulletin.com/news/local/202…

"doValue undertook the management of receivables in arrears from leasing contracts of the Eurobank group in #Greece." #distresseddebt #NPL #nonperformingloans #WJGlobalGroup nplconfidential.com/new-portfolio-…

"The ratio of non-performing loans (NPLs) in #Serbia's banking sector fell from 4.0% in March..." #nonperformingloans #NPL #distresseddebt #WJGlobalGroup seenews.com/news/serbian-b…

"Global professional services firm Alvarez & Marsal (A&M) continues to expand its Financial Restructuring capabilities in #Europe with the hiring of two new Managing Directors in the Nordics." #restructuring #distresseddebt #npl #WJGlobalGroup businesswire.com/news/home/2020…

"US investment group Pimco is determined to play a leading role in the domestic market of bad loans in the coming years." #NPL #distresseddebt #WJGlobalGroup #Greece #Cyprus nplconfidential.com/pimco-targets-…

"Piraeus Bank, one of the four largest Greek lenders, applied to take part in the government's Hercules bad loan reduction scheme with a 1.9 billion euro securitisation.." #NPL #distresseddebt #Greece #WJGlobalGroup nasdaq.com/articles/pirae…

"It is possible to see an increased emphasis on Southern Europe (in particular, #Greece and #Cyprus) and a low level of activity in the new jurisdictions (#Turkey and #Ukraine) due to high volatility." #NPL #nonperformingloans #SEE #WJGlobalGroup nplconfidential.com/kpmg-npl-repor…

"The Bank of Cyprus (BOC) announced the sale of €916 million in non-performing loans to funds belonging to the Pacific Investment Management Company (PIMCO).." #Cyprus #NPL #nonperformingloans #WJGlobalGroup cyprus-mail.com/2020/08/03/ban…

"Alpha Bank, one of #Greece's four largest lenders, has applied to take part in the government's Hercules bad loan reduction scheme via two securitisations totalling 7.6 billion euros, the finance ministry said." #badloans #NPL #WJGlobalGroup nasdaq.com/articles/alpha…

“doValue redesigned Group organizational structure, to fully take advantage of the opportunities afforded by the improved international footprint of the Group.." #NPL #nonperformingloans #distresseddebt #WJGlobalGroup nplconfidential.com/dovalue-announ…

"Aareal Bank AG continues to successfully execute on its accelerated de-risking programme by further reducing Italian non-performing loans (NPL)." #nonperformingloans #NPL #Italy #WJGlobalGroup property-magazine.eu/aareal-bank-se…

"The local unit of Swedish debt collection company Intrum on Monday said that it will be taking over the management of the HUF 19 billion debt portfolio of Swedish peer SVEA in Hungary.." #nonperformingloans #Sweden #Hungary #WJGlobalGroup bbj.hu/business/intru…

"More than 9,000 businesses across the region are operating under significant financial distress, according to new data released by Begbies Traynor." #distresseddebt #npls #lancashire #UK #WJGlobalGroup lancashirebusinessview.co.uk/latest-news-an…

"White & Case LLP has advised UniCredit’s Group Legal NPE Team and Group Distressed Asset Management Team on the deal." #nonperformingloans #NPL #distresseddebt #WJGlobalGroup globallegalchronicle.com/ifis-npls-e155…

"According to sources, J.P. Morgan has taken on the sale of the Vega project while UBS the Phoenix project. Consulting company Alantra is working on both projects." #NPL #nonperformingloans #distresseddebt #WJGlobalGroup nplconfidential.com/piraeus-bank-t…

"BDO Unibank Inc. saw its profits fall to nearly a fifth in the first semester of the year from the same period in 2019, as it booked higher provisions in anticipation of potential delinquencies due to the coronavirus pandemic." #NPL #WJGlobalGroup gmanetwork.com/news/money/com…

“The Bank of Greece is processing a specific proposal for the implementation of a vehicle to comprehensively deal with problematic assets (Asset Management Company - AMC) for Greek banks,” it said. #NPL #WJGlobalgroup #Greece ekathimerini.com/254791/article…