Citibank has mandated Salomon Smith Barney to arrange a Euro-denominated credit card securitization. WestLB and CDC Marches will be joint leads. Further details were unavailable.
Alan Liu recently joined the Asian Securitisation Group at Credit Lyonnais in Hong Kong. Liu will report to Greg Park, head of the group. Park and Liu are both ex-employees at ING Barings in Hong Kong. Liu was the last to leave ING's securitization team, leaving the firm with no ABS staff in the region at present.