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Third quarter 2020

Market
Monex sees Q3 boost in capital-protected note issuance

20 Nov 2020

Monex sees Q3 boost in capital-protected note issuance

Mexican investment bank Monex has reported an eight percent growth in its capital-protected notes issuance during the third quarter of 2020 compared with the same period a year prior.

Market
Unicredit sees sales of certificates drop as clients move to mutual funds

16 Nov 2020

Unicredit sees sales of certificates drop as clients move to mutual funds

The Italian global banking group posted an underlying net profit of €0.7 billion for Q3 2020, up 31.1% quarter-on-quarter (QoQ), as it is on track to meet its FY2020 target of over €0.8 billion.

Market
KBC unit-linked sales increase

12 Nov 2020

KBC unit-linked sales increase

KBC has posted a net result of €697m for the third quarter of 2020, an increase of 14% from the prior year quarter, and up 232% from 2Q 2020.

Market
DBS recovers from Q2, but UOB net profit drops

09 Nov 2020

DBS recovers from Q2, but UOB net profit drops

The Singapore bank has trebled its issuance of structured products in Taiwan as it continues to build up its ESG offering in its domestic market.

Market
SocGen back on track after autocall review

05 Nov 2020

SocGen back on track after autocall review

The French bank has already raised more than €1.5 billion (US$1.7 billion) from developing alternative products.

Market
Santander suffers setbacks amid GDP contractions

05 Nov 2020

Santander suffers setbacks amid GDP contractions

Spanish bank Santander has reported a fall in total group income for the third quarter of 2020 with a value of €33.6 billion from €36.9 billion during the same quarter of 2019.

Market
Structured products sales boost Huatai Securities net profit

04 Nov 2020

Structured products sales boost Huatai Securities net profit

The Chinese securities house has seen its profit increase in the last quarter supported by structured products sales.

Market
HSBC profits hit by low interest rates

03 Nov 2020

HSBC profits hit by low interest rates

The British Bank is suffering from the long-lasting effects of the Covid-19 pandemic while geo-political risks pertaining to US-China relations and Brexit remain a top concern.

Market
EQD trading bolsters BNPP bottom line

03 Nov 2020

EQD trading bolsters BNPP bottom line

BNP Paribas has posted revenues of €10.9 billion in the third quarter of 2020, stable compared to the same quarter last year.

Market
China’s Citic issuer entities retain second tier status

02 Nov 2020

China’s Citic issuer entities retain second tier status

China Citic Bank and Citic Securities, of which Citic Corporation controls 65.4% and 15.4% shareholdings respectively, have posted a net profit of CNY11.4 billion (US$1.7 billion) and CNY3.9 billion (US$583m) for the third quarter ended 30 September – down 10.3% and 7.1% year-on-year (YoY) respectively.

Market
Japanese banks see profit plunge despite retail boost

29 Oct 2020

Japanese banks see profit plunge despite retail boost

Nomura Holdings has posted a net income of JPY67.6 billion (US$649.1m) for the second quarter of FY20/21 which ended on 30 September, a 51% decrease year-on-year (YoY), as its retail growth was offset by the loss from asset management and wholesale segments.

Market
Barclays structured product sales drop 31%

29 Oct 2020

Barclays structured product sales drop 31%

Barclays has suffered a 30.8% quarterly decrease in its structured products sales volumes during the third quarter of 2020 (to US$1.844 billion), SRP data shows.