HSBC secures Samsung Card mandate

HSBC wins most signicant ABS mandate to date with a deal for Korean credit card giant.

In what will be seen as a major fillip to HSBC's drive to boost both its Asian securitization group and its Korean international bond franchise, the bank has been selected to lead manage the next cross-border ABS from Samsung Card, Korea's biggest credit card company with assets of over $5 billion.

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