Citi Unloads $1.6 Bln in Credit Card Loans to GE

Citigroup has agreed to sell an estimated $1.6 billion of private-label credit card loans to GE Capital. Terms have not been disclosed.

  • 07 Oct 2010
Citigroup has agreed to sell an estimated $1.6 billion of private-label credit card loans to GE Capital. Terms have not been disclosed. Citi has been trying to unload the portfolio since early last year, after announcing its restructuring plans. The sale represents only 3% of the total $50 ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Bank of America Merrill Lynch (BAML) 3,136 9 12.62
2 Citi 2,562 6 10.31
3 Goldman Sachs 2,150 3 8.65
4 Credit Suisse 1,822 6 7.33
5 Societe Generale 1,814 4 7.30

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 22 May 2017
1 Citi 41,255.30 117 12.99%
2 Bank of America Merrill Lynch 37,631.92 109 11.85%
3 Wells Fargo Securities 32,082.26 89 10.11%
4 JPMorgan 20,969.41 64 6.60%
5 Credit Suisse 16,754.47 44 5.28%