Robert R. Malin, the co-head of Citigroup Global Market's U.S. asset-backed securities business died Friday, June 23. Malin, who passed while on vacation with his family in Rome, was 46.

With more than 20 years in the asset securitization business, Malin was most distinguished for contributing to the development of the credit card ABS sector. Market professionals credit Malin with spearheading the development of the Master-Owned Trust and De-linked credit card securitization structures, which have become the standard issuance templates for the market.

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