ABS, which package revenue streams from mortgages, car loans or credit cards, have traditionally been an important source of bank funding and a proxy for lending in the wider economy
Under the deal, Vodafone is paying out $84bn to shareholders or 71 per cent of the net proceeds. This equates to a payout of just over £54bn or 112p per share
You have received this email because you have signed up from the NBE preference page. This email was sent by a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723.