Citi, Santander Shed Trade Finance Assets For Reg Cap Relief

19 Dec 2013

Citi and Santander unveiled this week a first-of-its-kind securitization of trade finance receivables that will help them meet new Basel III capital standards. The program could also help other banks.

Citi and Santander unveiled this week a first-of-its-kind securitization of trade finance receivables that will help them meet new Basel III capital standards. The program could also help other banks.

The $1 billion Trade MAPS 1 is the first securitization of import and export financing loans from multiple banks ...

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