Bank ABS Assets Climb to Record $110 Billion in Mid 2008, BofA Leads Sector
October 24, 2008
Commercial banks held a record $110.03 billion of non-mortgage ABS on their books as of the end of June, representing a hefty gain of 18 percent from the previous quarter. Banks ended 2007 with $83.95 billion of ABS investments. Based on call reports from the top bank ABS investors... [Includes one chart and one graph]