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 14,443 29 18.07
2 Bank of America Merrill Lynch (BAML) 8,264 27 10.34
3 Lloyds Bank 7,329 24 9.17
4 Citi 6,748 19 8.44
5 JP Morgan 5,220 8 6.53

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 117,261.12 337 11.09%
2 Bank of America Merrill Lynch 94,721.79 272 8.96%
3 JPMorgan 92,612.23 269 8.76%
4 Wells Fargo Securities 82,597.19 239 7.81%
5 Credit Suisse 69,442.99 183 6.57%