Credit Card Reform May Hinder Securitization Revival

Legislation aimed at reforming credit card practices may end up hindering government bids to revive the securitization market.

  • 31 Mar 2009
Legislation aimed at reforming credit card practices may end up hindering government bids to revive the securitization market. Proposals would limit the ability of credit card companies to price a borrower’s risk, which could ultimately result in less lending—and hurt the chances of success for programs such as ...

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GlobalCapital European securitization league table

Rank Lead Manager/Arranger Total Volume $m No. of Deals Share % by Volume
1 BNP Paribas 10,542 20 17.55
2 Bank of America Merrill Lynch (BAML) 6,103 21 10.16
3 Citi 5,130 13 8.54
4 JP Morgan 4,681 6 7.79
5 Morgan Stanley 4,137 11 6.89

Bookrunners of Global Structured Finance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 Citi 80,818.31 235 11.57%
2 Bank of America Merrill Lynch 66,338.04 186 9.50%
3 Wells Fargo Securities 56,344.19 164 8.07%
4 JPMorgan 53,381.65 156 7.64%
5 Credit Suisse 44,872.46 115 6.43%