News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

More than 100 fund managers line up for toxic assets

The Treasury Department said it has received more than 100 applications from companies looking to buy toxic assets from banks, signalling strong interest in a programme that has won mixed reviews since its launch last month.

Companies applying for consideration to buy the assets include fixed income, real estate, and alternative asset managers, according to a Treasury statement.

WSJ Logo