bad-bank

For Citi, the loan portfolio is part of its Citi Holdings unit, its so-called bad-bank, a pile of assets it is looking to shrink.

Discover to Buy Citi Student Loan Portfolio David Benoit 2011

Mr. Rajoy seemed to pour cold water on the bad-bank idea when, in the heat of his pre-election debate with Socialist rival Alfredo Perez Rubalcaba, he pledged not to give the banks a "single cent."

Spain Weighing a Fast, Costly Cleanup of Banks Jonathan House 2011

Finance Minister Luis de Guindos told the Financial Times that it is essential for banks to straighten out their balance sheets without burdening the nation's Treasury, an indication that the idea of creating a government-funded bad-bank structure is no longer on the table.

European Bank Shares Hit by Renewed Euro-Zone Worries Noemie Bisserbe 2012

The Bank of Spain previously backed the new bad-bank structure in the case of just one savings bank, Banco Financiero y de Ahorros SA, a lender with €320 billion in assets that plans to list the healthier portion of its bank this summer.

Spain Weighs Wider Use of 'Bad Bank' Model for Cajas Sara Schaefer Muñoz 2011

That would allow a bank to shovel troubled assets, such as billions of euros in foreclosed properties and bad loans from struggling property developers, into a bad-bank area of the overall bank.

Spain Weighs Wider Use of 'Bad Bank' Model for Cajas Sara Schaefer Muñoz 2011

The "bad-bank" portion of the lender, stuffed with the bank's troubled loans, will remain in government hands.

U.K. Loss on Northern Rock Sara Schaefer Muñoz 2011

"It seems that a further restructuring or bad-bank approach is likely, supported by its major shareholders Belgium and France," said Mizuho credit strategist Anke Richter .

Europe Credit Markets Hit As Greek Aid Delayed Art Patnaude 2011

Ireland's bad-bank program is based on the Swedish model.

Ireland Digs Deeper to Repair Banks Quentin Fottrell 2010

The U.S. considered a similar bad-bank program but ultimately opted to stick with capital injections as the primary means of rescuing its own financial system.

Ireland Digs Deeper to Repair Banks Quentin Fottrell 2010

The U.S. considered a similar bad-bank program but ultimately opted to stick with capital injections as the primary means of rescuing its own financial system.

Ireland Digs Deeper to Repair Banks Quentin Fottrell 2010