Debt purchaser Marlin Financial Group has invested around £45m in a portfolio from a major UK bank in what is thought to be one of the biggest debt sales of 2011 so far, Credit Today can exclusively reveal. The deal sees Marlin take on around 40,000 accounts from a high street bank which is returning to the debt sale market, though the name of the seller was not disclosed. “We are delighted with the deal and in particular, the work that Ivan Lawrence, our executive director, has done in securing it for us,” said Martin Dunphy, Marlin’s chief executive.

“It is great to land such a large deal and a very.....Read more here---> Marlin secures major debt portfolio