The six largest U.S. banks share of the credit card securitization market has shrunk from 90% before the financial crisis to roughly 60%, according to Ildiko Szilank, an analyst at Standard & Poor's. Rule-making by the Federal Deposit Insurance Corp. on how it would treat securitized loans in the event a bank collapse into receivership has contributed to a decline in issuance, says Szilank.
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Most Viewed: Securitization
Latest news by market and league table performance
|Rank||Lead Manager/Arranger||Total Volume $m||No. of Deals||Share % by Volume|
|2||Bank of America Merrill Lynch (BAML)||6,103||21||10.16|
Bookrunners of Global Structured Finance
|Rank||Lead Manager||Amount $m||No of issues||Share %|
|2||Bank of America Merrill Lynch||66,338.04||186||9.50%|
|3||Wells Fargo Securities||56,344.19||164||8.07%|