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GC Asia
UK credit cards downgraded on repayment revisions, Egg fined over PPI mis-selling
Subordinated tranches of credit card ABS took a battering this week as rating agencies downgraded several deals.
Meanwhile noteholders in Egg’s Pillar securitisations suffered further bad news when the Financial Services Authority ruled that the originator, now owned by Citigroup, had mis-sold payment protection insurance. Egg has been fined ...Already a subscriber? Login
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Latest news from Securitization
-
Chenavari-owned Dutch consumer ABS offered
03 Jul 2020 -
Film director Richard Curtis: ‘the time for tinkering is coming to an end’
03 Jul 2020 -
Great Wall Motors readies first internationally rated ABS
03 Jul 2020 -
Critical hedge fund sees better way to do ESG
02 Jul 2020 -
After a decade, why rush GSE reform now?
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