Credit Card ABS Delinquencies To Normalize

Delinquencies in credit card payments linked to asset-backed securities will begin to normalize to around 2% to 3% next year, after reaching low levels not seen in more than two decades, according to Fitch Ratings.

  • 13 Dec 2012
Delinquencies in credit card payments linked to asset-backed securities will begin to normalize to around 2% to 3% next year, after reaching low levels not seen in more than two decades, according to Fitch Ratings. Commenting on the ABS market in general, Fitch said consumer and automobile ABS ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 81,261.11 236 11.59%
2 Bank of America Merrill Lynch 66,338.04 186 9.46%
3 Wells Fargo Securities 56,344.19 164 8.03%
4 JPMorgan 53,381.65 156 7.61%
5 Credit Suisse 44,872.46 115 6.40%