BBVA took over Citi in 2018 as the second most prolific issuer in Mexico with a 18.9% market share (US$1.7 billion). Securities firm Monex continues to dominate the market (over 50% market share, worth US$ 4.9 billion). However, its main achievement was to deliver the top 10 best performing products in the country.
In Peru, the Spanish bank also retained its dominant position as the main provider of structured products to retail investors. This has helped the bank take the Best Performance Mexico & Best Distributor Peru awards for 2018. SRP spoke to Jose Bernal, executive director - equity global structured solutions, and Liliana Figueroa, executive director - fixed income global structured solutions at BBVA, Mexico; as well as Marco Merino ( pictured ), head of global structured solutions and Milagro
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