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The US treasury market reaches breaking point

The US treasury market reaches breaking point

The structural issue that could cause the world's market of last resort to grind to a halt

No. 6: If you don’t give it to me you’ll only lend it to someone else and look where that got us

March 2007

Structured finance market round up: Citi carves out ABS

Citi has carved out a non-mortgage-related ABS business line called global securitized products.




Ted Yarborough will run the new line, which is trying to enhance the effectiveness of Citi’s client-facing ABS underwriting, financing and principal activities. This new group sits in the wider global securitized markets group run by Jeff Perlowitz. It includes asset-backed finance, ABCP conduit and student loan finance businesses.

 







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