Barclays looks to US for Gracechurch

November 17, 2010 12:00 am

Gracechurch Card Funding has launched the first dollar credit card ABS from the UK since before the sub-prime crisis. The asset class makes a lot of sense for US investors, coming wider than domestic products but with similar regulation and structures. Barclays has certainly spruced up Gracechurch Cards, but will this be enough to get it out of the door? Read EuroWeek on Friday.

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