Fitch Publishes Credit Card Movers & Shakers With June 2010 Performance

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has published 'Credit Card Movers & Shakers' containing June 2010 performance.

While U.S. consumer credit quality remains under pressure, U.S. credit card asset backed securities (ABS) performance improved across the board last month, according to the latest Credit Card Index results from Fitch.

Given the improvement in credit card ABS performance for the month of June, credit card ABS ratings are expected to remain stable throughout the remainder of the year and early amortization risk is expected to remain remote.

'Credit Card Movers & Shakers' is available on the Fitch Ratings web site at 'www.fitchratings.com' under the following headers:

Structured Finance then ABS then Newsletters

Additional information is available at www.fitchratings.com.

Related Research: Credit Card Movers & Shakers

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=553605

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KEYWORDS:   United States  North America  New York

INDUSTRY KEYWORDS:   Professional Services  Banking

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