Seeking Value in European Distressed Assets

Featuring Pradeep Pattem

Pradeep Pattem had a front row seat of the investment banking crisis in Europe, working at Deutsche Bank and running the structured desk at RBS. With up to three trillion dollars of non performing loans corroding the EU banking system, Pradeep’s Park Street Advisors is at the forefront of efforts to extract and restore value while the banking sector adjusts to a new model. Filmed on February 1, 2017 in London.

Published on
27 February, 2017
Topic
Credit Market, Financial System, Lending
Duration
33 minutes
Asset class
Real Estate, Crypto-currencies, Bonds/Rates/Credit
Rating
66

Comments

  • Js

    Johns s.

    28 3 2017 11:08

    2       0

    impressive

  • TW

    Tom W.

    6 3 2017 18:57

    2       0

    Excellent episode. Technology is disrupting business and those that resist will eventually die off if their more agile competition doesn't take their customers before then.

  • PP

    Peter P.

    5 3 2017 13:49

    1       0

    Mr. Pattem should wear a 2:1 thumbs up/down ratio (perhaps one of the worst I have seen on RV) as a badge of honor....as the unpalatable truth that the financial system WILL change in the next 5-10 years is likely, and that the highly talented if highly compensated financial professionals will struggle to find new roles in the system that is coming unless they embrace technology. Existing banks, firms, all intermediaries do everything they can to protect their established fiefdoms and ways of doing business vs starting new platforms unburdened with past legacy systems. Think Piece indeed, and thank you.

  • SL

    Steven L.

    3 3 2017 22:24

    0       0

    I think Pradeep eloquently describes some of the rent seeking that is encumbering many of our economic structures. Until the old structures are replaced, we are stuck and replacing the old will probably get messy.

  • AJ

    Aaron J.

    1 3 2017 12:18

    4       0

    Sure, there are no actionable trading ideas for retail investors in this interview. That said, I found the interview genuinely interesting because of the insider perspective it gives on some of the big post-GFC changes which are sweeping across the financial industry.

  • EJ

    Edward J.

    1 3 2017 11:41

    4       0

    Anyone challenging the status quo in this way will always have his detractors. I found it a very thought provoking interview and RV is better for it.

  • SA

    Sandeep A.

    1 3 2017 07:23

    3       0

    Phenomenal interview!

  • DY

    Damian Y.

    28 2 2017 09:57

    1       17

    RV is scrapping the bottom of the barrel with this interview.

  • js

    jacob s.

    28 2 2017 04:48

    14       2

    The people down voting this guy are just pissed because he's questioning their jobs. The blacksmiths would also down vote Ford.

  • AG

    Alex G.

    27 2 2017 18:00

    5       1

    Pradeep sounds/thinks like many of the Professor's RV has had on