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Sophie Berthelon
Senior Vice President

North America
Everett Rutan
Senior Vice President




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  • 18 Dec 2013
    • 2014 Outlook – Global Credit Conditions
      The gradual stabilization of the global economy will benefit many credit sectors as real GDP growth recovers in most advanced economies, while decreasing slightly in many emerging economies. This report offers a high level summary of the positive significance of this stabilization across global credit sectors, as well as the negative effects of the tapering of quantitative easing in the US and potential interest rate increases… Press Release l Full Report
  • 10 Jun 2013
    • EMEA ABCP Market Summary: Issuance Remained Steady in Q1 2013
      Total EMEA ABCP issuance remained relatively stable in Q1 2013, contracting only slightly by 1.9% to $85.9 billion on the back of shrinking USCP issuance. Contrary to the previous quarter, ECP increased slightly led by the German and Repo conduits. Overall, the USCP market continues to represent almost two thirds of all ABCP issued by EMEA conduits in Q1 2013. The share of ECP remained at roughly one third after declining by almost 20% in Q4 2012 due to a large decrease in Churchill's outstanding ABCP... Full Report
  • 16 Apr 2013
    • EMEA ABCP issuance levels: December 2012
      Total EMEA ABCP issuance fell below $100 billion to $87.6 billion from $107.2 billion in the previous quarter, representing a decrease of 18%. Contrary to Q3 2012, contraction in the ECP market segment primarily drove the $19.6 billion reduction, while USCP and Billet de Trésorerie issuance increased slightly... Full Report
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