The Swiss bank issued a total of 1,715 structured products worth US$2.1 billion in the final quarter of 2021 in the US market.
Sales were up 34% from the same period in 2020 when volumes stood at US$1.6 billion across 1,337 products, SRP data shows. UBS topped the SRP league tables in terms of product issuance during Q4 21 and was followed by J.P. Morgan with 1,392 products (US$2.9 billion), Citi with 925 products (US$3 billion), and Goldman Sachs with 888 products worth US$2.7 billion. The bank increased its issuance of structured products to single-share assets in 2021 with sales totalling US$4.6 billion across 5,8