U.K. Credit Card Master Trusts Stand Up To Stress

U.K. credit card master trusts remain resilient against severe hypothetical economic deterioration in three stress scenarios conducted by Fitch Ratings.

  • 17 May 2012

U.K. credit card master trusts remain resilient against severe hypothetical economic deterioration in three stress scenarios conducted by Fitch Ratings. Fitch attributes the resilience to “the level of credit enhancement and improve performance of most trusts to pre-crisis levels.”

Click here to read the release from Fitch.

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 Citi 2,007 6 16.61
2 Goldman Sachs 1,798 4 14.88
3 BNP Paribas 1,434 4 11.87
4 Barclays 1,097 2 9.08
5 Morgan Stanley 1,094 2 9.06

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 20,913.87 69 10.85%
2 JPMorgan 19,191.71 52 9.96%
3 Bank of America Merrill Lynch 18,245.19 58 9.47%
4 Wells Fargo Securities 16,837.21 50 8.74%
5 Barclays 13,965.64 46 7.25%