National Australia Bank (NAB) is refusing to confirm the price of a portfolio of non-performing UK loans — last valued at £625m — it is selling to an affiliate of private equity firm Cerberus Global Investors, but admits it will “make a small gain”... Read More
Northern Ireland businesses being held back by pre-recession property loans could be helped by a new rescue fund, a senior banker has suggested. Hundreds of small and medium-sized companies across the province took out property loans during the boom... Read More
