Market
22 Aug 2024
Asia structured product drive boosts HSBC’s top line
The UK bank’s wealth revenue grew by 12% in H1 2024, partly driven by structured products in Asia. Its US sales increased 50%.
Market
01 Dec 2022
UBS Q3 US sales plunge, profit down 19%
The Swiss bank has seen its activity in the US falling notably compared to the same period of 2021.
Market
09 Nov 2022
HSBC: wealth revenue continues to slide in Q3 22
The group’s wealth revenue fell 9% to US$1.9 billion in Q3 22 year-on-year (YoY) mainly due to adverse insurance market impacts of US$375m and lower investment distribution.
Market
03 Nov 2022
Barclays reports £466m hedging loss from over issuance
The UK bank’s results reflect the financial impact of the over-issuance of structured notes and exchange-traded notes in its Q3 earnings report.
Products
17 Oct 2022
Citi’s markets revenues drop due to EQD normalisation
The US investment bank’s equity markets revenues were hampered by a reduced activity in derivatives during Q3 2022.