Fire

A Greek joint-venture between Italian debt collector Fire and investment firm StormHarbour has secured a license to operate in the country's impaired loan market, a source familiar with the matter said on Friday.

A Greek joint-venture between Italian debt collector Fire and investment firm StormHarbour has secured a licence to operate in the country's impaired loan market, a source familiar with the matter said on Friday.

Italian bad-loan investor Fire is looking to add 1 billion euros in assets under management this year as it works toward an eventual stock market listing, its chief executive said.