A record-breaking month in the US as sales of structured products surpassed the $10 billion barrier for the first time.
Structured notes linked to the Eurostoxx 50 index have delivered good value to retail investors in the US over the last three years.
The US bank has announced a reshuffling of its business lines and merged its investment bank with its trading division bringing asset and wealth management together.
The US investment bank’s equity markets revenues were hampered by a reduced activity in derivatives during Q3 2022.
J.P. Morgan replaced Goldman as the number one issuer group in 9M 2022.
Some 99% of maturing products linked to the Eurostoxx Banks Index delivered a gain in the US market.
Rehan Tariq, head of trading and structuring at Murex Americas, presented a case study during the SRP Americas conference in Chicago based on a research and development (R&D) project to provide investors with exposure to crypto beyond the cash and listed markets.
The bill would lower barriers to retirement income products by requiring the regulator to revise rules regarding developing and offering certain annuity products, including Rilas.
Rick Redding, CEO of the Index Industry Association (IIA), shared the most recent developments in the indexing space and his views about the challenges index providers face as new ESG (climate disclosure) and retail investors (complex products) come into force.