The Fund Oaktree Divests its Exposure in Spain with the Securitisation of Assets Worth €740 Million
The fund Oaktree has commissioned Morgan Stanley to handle this issue, which is called Retiro Mortgage Securities and which is backed by around 10,000 real estate properties.
Sabadell & BBVA Lead the Ranking of Toxic Portfolio Sales
The two entities have divested portfolios amounting to 1.85 billion euros in total.
The Banks Block Funds From Quasar, The Real Estate Firm Owned by Blackstone & Santander
The company owned by Santander and Blackstone that groups together Popular's assets has started to breach some of the ratios associated with its loans.
Banco Santander and Blackstone share concerns about Qasar, the company they created off the back of Banco Popular's €30 billion in toxic assets.
