NewsOdy

News details

donation

Arrow takes aim at taxpayer-owned loans

Arrow takes aim at taxpayer-owned loans
Friday 18
23:30 2019

Arrow Global, the listed debt purchaser, is in talks to buy a portfolio of commercial loans that would mark another step in the government's efforts to shed the legacy of its financial crisis bailouts. Sky News understands that Arrow and Davidson Kempner, a hedge fund, are close to agreeing the purchase of a loan portfolio with a face value of tens of millions of pounds from UK Asset Resolution (UKAR). Banking sources said that a transaction could be completed in the coming weeks. A deal will be subject to approval from the Treasury, which oversees UKAR, the agency which holds ...

Rate this article:

Read more from Sky News : Arrow takes aim at taxpayer-owned loans
Sky News : Arrow takes aim at taxpayer-owned loans

Summary: Arrow Global, the listed debt purchaser, is in talks to buy a portfolio of commercial loans that would mark another step in the government's efforts to shed the legacy of its financial crisis bailouts.

Tags
🎬Latest Reviews

'English-speaking' homeless woman in Rome called 'Maria' could be Madeleine McCann

The blonde girl (pictured), who is thought to be in her late ...

Ajax’s Frenkie de Jong: ‘I try to have a picture of where everyone is’

The Dutch 21-year-old, one of the best young players around, talks intuition, ...

Adrien Rabiot rejects Liverpool transfer after reaching 'verbal agreement' with rivals

The Frenchman hasn't played for PSG since the turn of the year ...

Lincolnshire flooding: hundreds of homes evacuated

Military helicopters are drafted in to repair broken bank of River Steeping ...

Jodie Taylor earns plaudits as England seek World Cup momentum

Manager Phil Neville admits he needs to work on improving service to ...

India v Pakistan: Mickey Arthur tells his players they can be heroes

The Pakistan coach, Mickey Arthur, has promised his young side they will ...
loading
🎬Most popular reviews

Munich shooter was mentally ill loner Ali David Sonboly obsessed with shooting sprees

As the first pictures of those killed started to emerge yesterday, it ...

Mom-of-14 Natalie Suleman tells of shame over stripper past and Xanax addiction

Controversial mother of 14 Natalie Suleman has told how she was forced ...

British Airways pilot Colin Glover suspended for 'photos performing sex acts at 38000ft'

Colin Glover, who lives in Dublin, denies he is the man in ...

Naked photographs emerge of Ukrainian minister Anastasia Deeva in charge of European integration

Ukraine's bid to join the EU took a new twist today when ...

'English-speaking' homeless woman in Rome called 'Maria' could be Madeleine McCann

The blonde girl (pictured), who is thought to be in her late ...

Son of Pablo Escobar says the Colombian drug lord KILLED HIMSELF

Sebastian Marroquin, 39, pictured with his father Pablo Escobar, said it was ...
loading

Comments

Login / Sign Up

Popular Entities

Facebook

Facebook

comments

Popular categories