Tag: Wealth management
Hedging dislocation impacts BNP Paribas’ structured products
International | Products
06 May 2020 by SRP News
The French bank’s revenues from structured products took a hit in Q1 2020 due to the ‘extreme and exceptional’ volatility in the financial markets at the end of March.
Morgan Stanley Q1 US sales almost double y-o-y
International | Products
21 Apr 2020 by SRP News
The US investment bank saw Q1 2020 sales of structured products in its home market increase by 95% year-on-year as it ‘navigated’ the quarter well given the conditions, according to chairman and chief executive officer James P. Gorman (pictured).
Bank of Singapore’s global product head steps down
International | People
08 Apr 2020 by Pablo Conde
Marc Van de Walle (pictured), senior managing director and global head of products at Bank of Singapore – the Singapore-based private banking arm of OCBC Bank - has resigned from his position after more than 11 years of service, SRP understands.
HSBC in powerhouse mode, rolls outs global wealth hub in Asia push
International | Industry
18 Mar 2020 by Pablo Conde
As it moves its structured products capabilities to the region, the UK bank brings retail, wealth and private banking under one umbrella organisation to build up on strong growth in Asian retail and private banking businesses.
Singapore regulator eyes private banking sales, advisory practices
International | Regulations & Legal
09 Mar 2020 by Pablo Conde
Recent thematic inspections on private banks on the way they conduct their sales and advisory activities in Singapore conducted by the country’s securities watchdog have unveiled shortcomings relating to structured products.
New wealth management rules boost Taiwan’s structured products
Asia Pacific | Regulations & Legal
27 Feb 2020 by SRP News
The new rules introduced by the Taiwan regulator are aimed at aligning the country’s financial supervision structures with Hong Kong and Singapore and increase investment activity in the country.
Natixis: Q4 was ‘best-ever’ despite 50% drop in structured products sales
International | Industry
20 Feb 2020 by SRP News
The French bank reported ‘very sound’ results in 2019 with the fourth quarter representing its ‘best-ever’ quarter in terms of revenue and gross operating income generated.
HSBC to move structured products business from UK to Asia
International | Products
18 Feb 2020 by SRP News
The UK banking group is seeking to reduce capital and costs in its underperforming businesses to enable continued investment in businesses with stronger returns and growth prospects.
Standard Chartered deploys ESG product tool for private banking investors
International | Industry
23 Jan 2020 by Pablo Conde
The UK private bank will apply a new review process on wealth solutions that seek to be positioned as a sustainable or ESG product on the Standard Chartered platform.
