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 Citi 3,691 11 20.70
2 Morgan Stanley 2,420 6 13.57
3 Goldman Sachs 2,096 5 11.75
4 BNP Paribas 1,686 6 9.45
5 Barclays 1,565 4 8.78

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 40,734.72 129 10.87%
2 JPMorgan 33,785.84 96 9.02%
3 Wells Fargo Securities 31,464.27 90 8.40%
4 Bank of America Merrill Lynch 29,270.38 93 7.81%
5 Credit Suisse 23,189.41 72 6.19%