Asset backed securitisation (ABS) is the largest securitisation class driven by the growing retail loan portfolio of banks, investors’ familiarity with the underlying assets and the short maturity of these loans. 9.
Weaker economic conditions in Europe and other parts of the world have weighed on U.S. exports and corporate earnings; added to the risks that U.S. financial institutions, businesses, and households considered when making lending and investment decisions; and at times depressed U.S. equity prices.