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Private Equity Partner Discusses Recent Trend of Banks Selling Loans in Law360

Practices: Private Equity

A Law360 report on how big banks are selling off loans under regulatory and business pressure features comments from private equity partner Robb Tretter (New York). Mr. Tretter explains how European banks are increasingly shedding risky assets to free up cash and improve their capital positions. He notes, “The banks want to get rid of these assets at the right price, and over the past year or so, they've finally started to get it.”

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