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Report: Heta Asset Resolution's wind-down surpassing targets

Heta AssetResolution AG, the bad bank that holds the assets of failed lenderHypo Alpe-Adria-Bank International, said the wind-down of its assets issurpassing its targets, Reuters reported July 21.

The Austrian bank said the forecast for its cash holdings,which will be revised upward, will be presented in August, together with first-halfresults and a wind-down plan that must be submitted to Austrian authorities,according to the newswire.