JC Flowers-backed NIBC in fresh setback
NIBC, the Dutch bank backed by US private equity firm JC Flowers, has suffered €137 million of losses on US asset-backed securities. Earlier this year it abandoned plans for an initial public offering.
NIBC, the Dutch bank backed by US private equity firm JC Flowers, has suffered €137 million of losses on US asset-backed securities. Earlier this year it abandoned plans for an initial public offering.
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