Publication: American Banker
Article by: Kingsley Greenland, President and CEO, DebtX
“History shows the fastest way to return to health is to engage in active portfolio management and sell problem loans once the market resets asset prices.”
“Banks that shed distressed assets [in the last crisis] and rebuilt their balance sheets were well positioned to grow through M&A. The same scenario is likely to play out again in the U.S. because regulators and shareholders will want it to happen.”
— Kingsley Greenland, President and CEO, DebtX.
Download American Banker Article: Lessons Learned From Last Crisis Can Be Applied Today