Comment & Analysis
JPMorgan Acquires EUR 2.2B European Loans: A Good Bargain? – Analyst Blog
JPMorgan Chase & Co. JPM along with Texas-based private wealth manager Lone Star Funds, purchased a European portfolio with a face value of €2.2 billion from the German lender Commerzbank AG. The commercial real estate portfolio comprised non-performing loans as well as other loans in Central and Eastern Europe, Turkey…
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