The US investment bank has also promoted several other senior executives within the markets unit including the global head of EQD trading.
The UK bank saw its sales of SEC-registered structured notes rebound in 2023 following a significant slowdown in activity in the previous year.
New BofA indices were brought to market last week through a new insurance carrier of Rilas; MerQube partnered with AI firm to develop new AI-powered indices.
In this week’s wrap we look at a selection of structured products with strike dates between 11-17 February 2024.
In this week’s roundup, we look at the latest moves at UBS, Natixis, Luma, Falcon X and HKEX.
The underlying exposure and the payoff structure are two of the key elements of structured products seeking to invest in the market. But when markets go south protection comes to the fore as a critical feature to minimise the impact of falling underlyings.
The Swiss bank continues to differentiate itself with concentrated single stock underliers in the US structured note market.
The US index technology provider aims to outperform traditional benchmarks with the new index family.
Investment concerns continue to spread in Asia while a Swedish issuer reaches an investment milestone.