U.K. Credit Card ABS Performance To Slump Into Next Year

Performance of U.K. credit card asset-backed securities is likely to decline further throughout the rest of the year and in to 2010, according to analysts at Moody’s Investors Service.

  • 26 May 2009

--Cristina Pittelli

Performance of U.K. credit card asset-backed securities is likely to decline further throughout the rest of the year and in to 2010, according to analysts at Moody’s Investors Service. The expected decline stems from “the continuation of the severe recession, the growing unemployment rate and the low ...

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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 11.55%
2 JPMorgan 32,938.92 93 9.34%
3 Wells Fargo Securities 30,371.96 86 8.61%
4 Bank of America Merrill Lynch 27,582.56 87 7.82%
5 Credit Suisse 22,692.50 70 6.44%