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CaixaBank Is Seeking to Sell About €900 Million in Soured Loans
CaixaBank Is Seeking to Sell About €900 Million in Soured Loans

Bloomberg

time13 hours ago

  • Business
  • Bloomberg

CaixaBank Is Seeking to Sell About €900 Million in Soured Loans

CaixaBank SA is in talks with investors to sell about €900 million ($1.04 billion) in soured loans as the Spanish lender accelerates the clean-up of its balance sheet. The talks are focusing on two portfolios, including one with around €450 million named Project Falkor, said people familiar with the matter. It is made up of around 7,000 re-performing mortgages, according to a sale document seen by Bloomberg News.

Julian Harris: Starmer's Week of Deliverism and Trumpism
Julian Harris: Starmer's Week of Deliverism and Trumpism

Bloomberg

time5 days ago

  • Business
  • Bloomberg

Julian Harris: Starmer's Week of Deliverism and Trumpism

The government's trade deal with India puts Britain back on the world stage, Keir Starmer told Bloomberg News this afternoon. The prime minister sat down with our trade correspondent Lucy White at Chequers, his official Buckinghamshire estate, to rave about a pact that is hoped to add nearly £5 billion to the UK's annual economic output (note: this is very little, as a percentage, but over time such incremental gains could be significant if you achieve enough of them.)

Metrics Credit Says It's Unaware of Regulator ASIC Investigation
Metrics Credit Says It's Unaware of Regulator ASIC Investigation

Bloomberg

time20-07-2025

  • Business
  • Bloomberg

Metrics Credit Says It's Unaware of Regulator ASIC Investigation

Metrics Credit Partners Pty said it's unaware of any investigation by the Australian Securities & Investments Commission into the company after Bloomberg News reported last week that the regulator was probing it. The corporate watchdog is scrutinizing the private credit manager because of concerns over loan valuations and governance practices that have emerged as part of a broader industry probe, Bloomberg reported on Friday, citing people with knowledge of the matter.

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