European banks' trillion Dollar yard sale

Note: This section contains information in English only.
Source: Bloomberg
The biggest European banks are putting trillion dollar worth bad assets for sale, as tougher capital requirement rules limit banks from issuing new loans. According to experts, toxic assets such as loans and under-performing operations climbed by 65% surpassing the $1.7 trillion mark. Furthermore, banks have already sold loans backed up by property for over $50 billion in the six month of the current year.

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