View: Avoiding a merry-go-round of loan restructuring may be the best bet for banks

Private banks could begin to think that they are better off setting aside capital for potential defaults and recover through the bankruptcy process, however slow and ineffective it is, rather than getting into the merry-go-round of restructuring unviable businesses and end up with a wooden spoon.

from Banking/Finance-Industry-Economic Times https://ift.tt/2DQ0XbN