The UK bank for the first time has offered interest rates-linked structured notes with net proceeds allocated to finance green and social projects.
The Swiss brokerage firm specialised in structured products believes that the ‘hardcore sales approach does not work anymore’.
The UK bank has poached the veteran equity derivatives banker as it bolsters its institutional sales in Asia and the Middle East.
Some 798 products with an aggregated volume of ZAR5.9 billion (US$406m) were added to the SRP South Africa database in the third quarter of 2021
The South African bank offers offshore exposure via Citi volatility index.
The FSC is seeking to introduce new regulation to support the development of structured investment-linked insurance products in the country.
Some 639 new products with an aggregated volume of ZAR984m (US$69m) were added to the SRP South Africa database in the second quarter of 2021.
The UK bank continues to bolster its equity derivatives activities in Europe despite exits in its electronic trading platform.
The Dubai-based firm is leveraging its pricing platform and optimisation tool to originate trades and help clients gain more insight on underlying assets.