Glossary

News - Archive

  • Finland

Finnish watchdog fines four firms for suitability failures

SRP News, 09 March 2017

The Financial Supervisory Authority (FIN-FSA) has fined Nordea Bank AB (publ), Finnish Branch, Helsinki Area Cooperative Bank, Alexandria Pankkiiriliike Oyj, and Investium Ltd a combined ...

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  • Switzerland

Swiss bank to enter structured products market with new issuance platform

SRP News, 08 March 2017

Luzerner Kantonalbank (LUKB) is planning to set up a competence center for the development and issuance of structured products by the beginning of 2018. The Swiss ...

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  • International

Numerix moves to deliver real-time risk platform via TFG

Pablo Conde, 08 March 2017

Numerix has completed the acquisition of TFG Financial Systems, a real-time risk, P&L and position management system provider.

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  • Hong Kong

SFC updates ongoing charges disclosure requirements for retail funds

Veselin Valchev, 08 March 2017

Hong Kong's Securities and Futures Commission (SFC) has announced changes to the requirements for the disclosure of ongoing charges in the Product Key Facts Statements ...

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  • Italy

Product snapshot: Wedding cakes are perfect, Exane

Tiago Fernandes, 08 March 2017

Exane Derivatives has come up with an innovative solution to combat the current interest rate market outlook. Knowing that innovation comes not only in the shape ...

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  • Belgium
  • The Netherlands

Rabobank world basket notes deliver but hard to replicate

Marc Wolterink, 07 March 2017

Rabobank's Rabo Wereld Note February 2017 has reached maturity delivering 170% of the nominal value. The seven-year medium-term note (MTN), which was sold ...

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  • International

Index roundup: Bloomberg and Citi include China in fixed-income index series

Veselin Valchev, 07 March 2017

Bloomberg has launched two new hybrid, fixed-income indices to capture the performance of renminbi-denominated China bonds within the Bloomberg Barclays Benchmark Fixed Income Index ...

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  • USA

The US$2.6bn paid out in 2016 gives a good measure of our strength, Allianz

Pablo Conde, 07 March 2017

Following the first foray into the fee-based fixed index annuities (FIA) in the US by Allianz Life via its Retirement Foundation ADV Annuity, launched in ...

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  • International
  • Europe - Others

Deutsche seeks to raise €8bn, launches new three-pillar organisation as it moves to return to profitability

SRP News, 07 March 2017

Deutsche Bank is restructuring its operations to become 'stronger and grow again' after a decision by the bank's management and supervisory boards on Sunday 'to ...

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  • International

SRP 3-minute Q&A: Christopher Schell, Davis, Polk & Wardwell

Richard Jory, 06 March 2017

There are many ways to start a career in structured products, and a variety of different views of what are good products. In a series of ...

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  • USA

We're providing advisers with research ideas, not necessarily a product, Raymond James

Pablo Conde, 06 March 2017

Following the success of Bank of Montreal's (BMO) Raymond James Analysts' Best Picks (06367TQJ2), a synthetic-linked structure that sold $310m in the US earlier ...

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  • USA

US regulator sets out disclosure, suitability and compliance obligations for roboadvisers

Pablo Conde, 06 March 2017

The US Securities and Exchange Commission (SEC) has released new guidance for investors and the financial services industry on the 'fast-growing use of roboadvisers, which ...

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  • APAC - Others

Hong Kong warrants trade surges as 'bullish sentiment' returns

Veselin Valchev, 06 March 2017

Investor interest in warrants and callable bull-bear contracts (CBBCs) in Hong Kong has surged in February, after a moderate decline in January, as conviction has ...

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  • Sweden
  • Norway
  • Finland

Nordic banks see 45% drop in structured products sales in 2016

Marc Wolterink, 06 March 2017

Nordea regained its position as market leader in the Swedish structured products market in 2016, by the smallest of margins, after losing out to Swedbank last ...

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  • Germany
  • UK

Commerz targets PBs and discretionary managers with £10m 'liquid alt' certificate

Pablo Conde, 03 March 2017

ETF specialist Elston Consulting has licensed its Elston Strategic Beta Global Minimum Volatility index to Commerzbank for the launch of a new smart beta tracker certificate ...

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