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Carving out legacy assets: a successful tool for bank restructuring?

Lehmann, Alexander, (2017), “Carving out legacy assets: a successful tool for bank restructuring?”, Bruegel, 21 Μαρτίου

Separating ‘legacy assets’ from banks’ core business is central to the rehabilitation of Europe’s banking system. How can Europe progress in its ongoing effort to rid the financial system of legacy assets, and equip it with renewed growth?

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