The third largest Singaporean bank by market cap saw it structured products business delivering stable growth in a challenging environment.
United Overseas Bank (UOB) is working on a new suite of payoffs for its retail structured products after the business ended 2022 with stable traded notional despite the equity market correction. One of the payoffs developed by the bank is a vanilla ‘trading discipline strategy’ that corresponds with the bank’s Q1 investment theme ‘get paid while you wait’. “It allows investors to earn an income on the principal, which is systemically unlocked and partic
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