Cerberus Sees Soured European Loans Extending to 2021

The video discusses the prolonged process of disposing non-performing loans in Europe, which is expected to continue until 2021. It contrasts the swift resolution of problem assets by US banks post-financial crisis with the ongoing challenges faced by European banks. The video highlights opportunities for US investment firms in acquiring distressed assets in Europe, despite the slow pace of asset disposal. Major buyers like Cerberus and Oak Tree are interested in these assets, which vary in value and distress levels. The discussion provides insights into the market dynamics and the role of American firms in this space.

What is the expected duration for the disposal of non-performing loans in Europe?

• Until 2021

• Until 2015

• Until 2030

• Until 2025

How did US banks manage their problem assets after the financial crisis?

• They sold them to Europe

• They quickly addressed them

• They ignored them

• They increased their value

What are non-core assets according to banks?

• Assets that are newly acquired

• Assets that are no longer important to their strategy

• Assets that are performing well

• Assets that are central to their operations

Which investment firm is mentioned as a major buyer of distressed assets?

• Deutsche Bank

• Goldman Sachs

• Cerberus

• Morgan Stanley

What trend is observed among the major buyers of distressed assets?

• They are mostly African

• They are mostly Asian

• They are mostly American

• They are mostly European