BAD_BANK
Economy

Why Cyprus needs a privately run ‘bad bank’

By transferring the bad assets of an institution to the bad bank, the original banks clear their balance sheet of toxic assets, but would be forced to take write-downs

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man u
Sports

Man United lose to Everton

Manchester United’s top-four aspirations suffered a setback as Louis van Gaal’s side were blown away 3-0 by clinical Everton in the Premier League on Sunday.

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