Tag: Second quarter results
HSBC also sees Covid consequences
International | Industry
14 Aug 2020 by Amélie Labbe
HSBC is the latest international bank to blame Covid-19 and global economic uncertainty for the large-scale drops in its latest results.
XP champions through Q2
Latin America | Products
14 Aug 2020 by Lavanya Nair & Amélie Labbe
While historically low interest rates sweep the nation, investors are on the hunt for more desirable product alternatives. Brazilian financial services platform XP has stepped in to cater to this growing demand and nurture the shift in risk aversion.
Natixis to adjust EQD positioning
International | Industry
13 Aug 2020 by SRP News
The French bank is launching a project to adjust the setup of its equity derivatives business.
Sweden Market Review, June 2020: sales down one-third on H1 2019
Europe | Market Reviews
12 Aug 2020 by Teresia Harri & Marc Wolterink
Twelve structured retail products and seven private banking products worth an estimated SEK435m (€42m) were added to the SRP Sweden database in June.
SRP in brief: riding the Covid storm
International | Industry
10 Aug 2020 by Amélie Labbe
It’s been a rough week for some banks, as latest quarterly figures show the impact the Covid-19 environment has had on the top and bottom lines of some of the sector’s major players.
BNP sees derivatives’ activity moving back to normal
International | Industry
07 Aug 2020 by SRP News
The French bank mobilised its ‘resources and expertise’ to raise more than €160 billion in financing globally in Q2 2020.
UOB, OCBC weather Covid storm
Asia Pacific | Industry
07 Aug 2020 by Summer Wang & Amélie Labbe
The two Singaporean banks have both taken a hard hit to their bottom lines despite a soar of net gains from investment securities as they set aside a significant amount of allowances triggered by Covid-19.
Watchdog pushes for investor education as annuity sales drop
North America | Regulations & Legal
07 Aug 2020 by Lavanya Nair & Amélie Labbe
The US Securities and Exchange Commission’s (SEC) office of investor education and advocacy has updated its bulletin on broadening client knowledge of indexed annuities.
People: Q2 triggers senior management revamp across investment banks
International | People
05 Aug 2020 by SRP News
Natixis has replaced chief executive officer Fançois Riahi (pictured) as the bank failed to recover from a bad first quarter and posted trading losses for a second consecutive quarter.
