SRP talks to Ferrán Vila, director of the structured products desk at Andorra-based private bank MoraBanc, about how the private banking landscape in this country and how the firm is approaching the structured products market. How developed is the structured product market in Andorra? Is there a retail market or is it a private banking activity? Andorra has always been a market with a strategic value for private banking and has been extremely prolific on the investment side. Structured p