Property tycoon sits on US$9bil debt mountain


Before long, Barclays Plc, Deutsche Bank AG, Goldman Sachs Group Inc, JPMorgan Chase & Co, Morgan Stanley and UBS Group AG were all looking into Adler, one of Germany’s biggest home landlords, according to emails seen by Bloomberg News.

THE email lit up inboxes at six of the world’s biggest banks.

A wealthy businessman by the name of Cevdet Caner, the anonymous sender wrote, seemed to be headed for trouble.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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Adler , Barclays , Cevdet Caner , JP Morgan , debt , property tycoon ,

   

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