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JPMorgan Chase and Bank of America Merrill Lynch hold a significant market share of over 21% in the asset backed securities industry. American Express actively securitizes its credit card receivables through its Lending Trust platform. Its strategy involves regularly issuing asset-backed securities to monetize its credit card loan portfolio, transfer risks, and free up capital for further lending activities.
JPMorgan Chase is a major player in the asset-backed securities industry, acting as both an issuer and underwriter. Its strategy involves securitizing various asset classes, including credit card receivables, auto loans, and residential mortgages, to manage risks and generate fee income from underwriting activities.
Major companies operating in the asset backed securities industry are: