17 Jun 2020
View from the top: the bulls have been vindicated… so far
Credit Suisse reported that Q1 fixed income sales and trading revenues rose 139% year-on-year, driven mainly by higher revenues from structured and FX products, and gains from hedging activities.
29 May 2020
Mixed results for Canada’s tier 2 providers
Canadian banks Desjardins, Scotiabank and TD Securities have suffered setbacks in their first and second quarter earnings of 2020 due to severe market volatility, a consequence of the Covid-19 outbreak.
28 May 2020
Intesa Sanpaolo structured product sales rise in Q1
The Italian banking group’s structured products sales are up 22% quarter-on-quarter, according to SRP data.
21 May 2020
Amundi ESG assets and focus on sustainable indices increase
With a 23% market share, the asset manager was the number three manufacturer of structured products in France in Q1.
21 May 2020
The Netherlands Market Review, April 2020: ING benefits from volatility in markets
Three primary market products worth an estimated €3m had strike dates in the Netherlands in April, down from 23 products with a combined volume of €43m that struck in March.
20 May 2020
Monex sales remain strong despite drop in issuance
Mexican financial institution Monex remained the most prolific issuer in Mexico for the first quarter of 2020 despite a 25.6% drop in product issuance during the same period of last year.
19 May 2020
Euronext trading volumes up 73%, decrement match Cac 40-linked sales
The exchange reported a 55% increase in revenues in the first quarter of 2020, driven by strong trading volumes in all asset classes, said Stéphane Boujnah (pictured), chief executive officer and chairman of the managing board.
18 May 2020
BBVA issuance remains steady despite rocky Q1
The Mexican subsidiary of Spanish financial institution BBVA announced a 48.3% drop in its net income totaling MXN6.44 billion (US$270m) for the first quarter of 2020 from the same period a year prior.
15 May 2020
Annuities: insurance firms take a hit in the first quarter
Life insurance firms Prudential, Athene Holding and Lincoln Financial have suffered substantial setbacks to their first quarter earnings relative the same period a year prior.
14 May 2020
Van Lanschot Kempen blames structured products for Q1 loss
The Dutch bank blames a ‘very volatile market’ for the significant losses in its structured product portfolio in Q1 2020.
13 May 2020
Structured products boost Credit Suisse Apac topline
Despite a ‘highly challenging’ environment, the Swiss bank delivered a ‘resilient performance’ in the first quarter of 2020, said Thomas Gottstein (pictured), the new chief executive officer of Credit Suisse Group.
12 May 2020
SRP in brief: rain and shine
This week continued on a gloomy trend initiated in previous weeks when it comes to banks’ and other financial institutions’ earning reports.