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U.K. Subprime Lender At Risk Of Losing License

The U.K.’s Office of Fair Trading has warned subprime lender Swift to improve its lending and collections practices or risk losing its credit licenses.

  • 23 Jun 2011
The U.K.’s Office of Fair Trading has warned subprime lender Swift to improve its lending and collections practices or risk losing its credit licenses. The OFT said that an investigation found instances in which the firm, trading as Swift Advances and Swift Securities, gave secured loans to customers ...

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GlobalCapital European securitization league table

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1 BNP Paribas 15,256 32 17.31
2 Bank of America Merrill Lynch (BAML) 9,637 29 10.93
3 Citi 8,264 22 9.37
4 Lloyds Bank 7,329 24 8.31
5 JP Morgan 6,580 10 7.46

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1 Citi 129,591.43 378 11.20%
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