Leonteq has reached an agreement with PostFinance to cooperate in the field of structured investment products after a tender process, the company said today.
Under the agreement, Leonteq will provide all services along the entire value chain of the bank’s structured products business, including issuing, product documentation, hedging, market making, secondary market services and lifecycle management. PostFinance will act as guarantor and have responsibility for selling the products in its own channels. The announcement comes on the back of a pilot project launched in 2017 by the two companies to assess the market potential for PostFinance to issue
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