Blackstone and the Sale of Citigroup's Loan Portfolio
The credit boom that preceded the 2007-2009 financial crisis led to several lending practices that exposed banks to large risks. In particular, when the financial crisis unraveled, there were several billion dollars' worth of leveraged buyout (LBO) loans
Collection: HBSP (USA)
Ref: HBS-214037-E
Format: PDF
Number of pages: 11
Publication Date: Nov 10, 2013
Language: English
Review date: Jul 11, 2013
What material is included in this case:
Description
The credit boom that preceded the 2007-2009 financial crisis led to several lending practices that exposed banks to large risks. In particular, when the financial crisis unraveled, there were several billion dollars' worth of leveraged buyout (LBO) loans
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Industry Setting: Industry Setting:Banking; Banking & credit
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"Blackstone and the Sale of Citigroup's Loan Portfolio"
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