12 Mar 2020
Intesa cashes in on structured product sales
The group posted its best net income of the past 11 years in 2019 while sales of structured products increased by more than 40% compared to 2018.
05 Mar 2020
Mexico: Monex roars ahead as BBVA Bancomer doubles product issuance
2019 was a year of stagnation in terms of growth for the Mexican economy with about 0.1% contraction in the first three quarters. Despite minimal signs of a recovery the structured products market retains its good health with product issuance and sales growing two-fold.
02 Mar 2020
Van Lanschot Kempen FY2019: strong demand for structured products
The Dutch bank’s structured products business reported an increase of more than 80% in sales volumes with ‘strong positive returns’ from structured notes for investors in 2019.
27 Feb 2020
SG’s net banking income declines despite strong 4Q19
The investment bank reported €24.67 billion in annual net banking income for 2019, a 2.1% fall from its 2018 figure of €25.21 billion. The company attributed the decrease to a base effect in the corporate centre, with the stability of businesses’ net banking income.
25 Feb 2020
Crédit Agricole sees record inflows in AM business
The French bank reported a rise in net revenue for the final quarter and the full-year 2019 of 7.7% and 3.3% respectively, ending the year at €20.4 billion ($22.1 billion). It attributed the rise to strong commercial activity in all of its business lines, including ‘record net inflows’ in its asset management business, Amundi.
20 Feb 2020
Natixis: Q4 was ‘best-ever’ despite 50% drop in structured products sales
The French bank reported ‘very sound’ results in 2019 with the fourth quarter representing its ‘best-ever’ quarter in terms of revenue and gross operating income generated.
17 Feb 2020
Leonteq FY19: all-time high in platform assets
Despite the ‘challenging’ market environment a record amount of structured products was issued on Leonteq’s platform in 2019.
13 Feb 2020
FY2019: Vontobel defends market share despite ‘fierce’ competition
The Swiss investment manager reported a 35% increase of structured products outstanding in full year 2019 with the financial products division holding on to its market share despite increasing competition.
11 Feb 2020
BNP Paribas’ CIB cashes in on increased structured products activity
The French bank reported a ‘very good’ derivatives client business, in particular on structured products, in the fourth quarter of 2019.
28 Jan 2020
Bank of America sees US sales drop 33% in Q4
The US bank posted revenues of US$22.3 billion in the fourth quarter of 2019 in a ‘steadily’ growing economy marked by ‘solid’ client activity, according to chairman and CEO Brian Moynihan (pictured).
27 Jan 2020
Goldman’s 4Q structured products sales up US$700m year-on-year
The US investment bank’s ‘strong’ performance in the fourth quarter helped to deliver ‘solid’ results for the year, according to David M. Solomon (pictured), chairman and chief executive officer.
23 Jan 2020
Morgan Stanley: US structured products sales up 60% in 2019
The US investment bank reported record net revenues for full year 2019. Sales of structured products in its home market were up 60% year-on-year, according to SRP data.