Non-performing loan (NPL)
Italian banks hold most of Europe's loan reserves – EBA
Italy accounts for €84 billion of stage 3 allowances alone
Risk solutions house of the year: HSBC
Risk Awards 2019: UK bank helped get Italian NPLs moving; revamped sales effort unlocked host of diverse deals
Intesa Sanpaolo continues battle against bad loans
The ratio of NPLs to total exposures dropped to 4.5% at end-September
BBVA cuts €2 billion of toxic assets
The bank’s NPL ratio fell to 4.1% at end-September
EU banks cut €67 billion in non-performing loans
Greece remains the country with the highest NPL ratio, at 45%, followed by Cyprus at 34%
Santander shakes off toxic loans
NPL ratio 145bp lower than at time of Banco Popular takeover
JP Morgan reports further losses on Steinhoff loans
Hike in net charge-offs related to sale of bad loans to South African firm
EC official: focus on bad loans will drive bank consolidation
Supervisory and market pressure to tackle NPLs will force some banks out of market
UniCredit sheds €10.5 billion in toxic loans
Net write-downs on all loans fell to €496 million in the quarter, down from €835 million in December, an improvement of 40%, as a result of improved asset quality
Santander reaps capital benefit with close of toxic asset sale
The bank aims to have CET1 above 11% by end-2018
Banking union: big bang or damp squib?
Eurozone needs package of interrelated measures to prevent project going backwards
EBA highlights ‘cliff-edge Brexit’, cyber and NPL challenges
High NPL levels and low profits also challenge European banking sector, EBA report says
Addressing the eurozone’s ‘lemons’ problem for NPLs
State-aided securitisation of riskiest tranches could prompt purchases of loans, write ECB staffers
No safety net: EU urged to accelerate bail-in buffers
Without MREL or TLAC, governments are at mercy of private buyers for failed banks
Public interest loophole casts doubt on EU banking union
Bondholders face fresh uncertainty about European use of bail-in, critics warn
A model combination approach to developing robust models for credit risk stress testing: an application to a stressed economy
This paper uses a model combination approach to develop robust macrofinancial models for credit risk stress testing.
Multiple NPL models better than single models, research finds
Combinations of models produce better NPL estimates in study of Greek crisis
ECB's bank watchdog warned on NPL clean-up drive
SSM may need clearer enforcement process to boost bad loan provisioning, says regulator
Europe arrogant to reject capital increase, says lawmaker
Parliamentarian hits back at European Commissioner's criticism of Basel model floors
NPLs to blame for lending drag, say regulators
Banks that have already increased capital are lending most, says EBA's Enria
Investcorp: more institutions managing own hedge portfolios
But “cutting out the middleman” leaves room for co-investing
Marathon: expand hedge fund role in Europe's capital markets
Hedge funds to follow US model by taking on bank risks
Stress tests prompt NPL rethink
Banks expected to sell NPLs to improve stress-test resilience