Product wrap: Portugal’s Millennium bets on deposit structure linked to shares, FX rates products top in Apac

EUROPE Millennium BCP , Portugal’s largest private-owned bank, rolled out Millennium 4 ações outubro 2024 to the local retail investors. The one-year growth deposit with a digital payoff style is linked to a basket of four shares: Mercedes Benz Group , British American Tobacco , Engie , and Glencore . At maturity, if all stocks are at or above their respective initial levels, the product pays a coupon of five percent. Otherwise, a coupon of one percent is paid. Priips Summa