Samsung Life lines up second international MBS

Asset backed securitization (ABS) professionals at nine foreign investment banks were busy last week putting the final touches to proposals due on Friday for Samsung Life's second international mortgage-backed securitization. Korea's biggest insurance company sent out RFPs last month to a list of institutions that FinanceAsia understands includes BNP Paribas, Citibank, Deutsche Bank, HSBC, ING, Lehman Brothers, Merrill Lynch, Morgan Stanley and Nomura.