Tag: Full year 2019 results
Intesa cashes in on structured product sales
Europe | Industry
12 Mar 2020 by SRP News
The group posted its best net income of the past 11 years in 2019 while sales of structured products increased by more than 40% compared to 2018.
Mexico: Monex roars ahead as BBVA Bancomer doubles product issuance
Latin America | Industry
05 Mar 2020 by Lavanya Nair and Pablo Conde
2019 was a year of stagnation in terms of growth for the Mexican economy with about 0.1% contraction in the first three quarters. Despite minimal signs of a recovery the structured products market retains its good health with product issuance and sales growing two-fold.
Van Lanschot Kempen FY2019: strong demand for structured products
Europe | Industry
02 Mar 2020 by SRP News
The Dutch bank’s structured products business reported an increase of more than 80% in sales volumes with ‘strong positive returns’ from structured notes for investors in 2019.
SG’s net banking income declines despite strong 4Q19
International | Industry
27 Feb 2020 by Lavanya Nair & Pablo Conde
The investment bank reported €24.67 billion in annual net banking income for 2019, a 2.1% fall from its 2018 figure of €25.21 billion. The company attributed the decrease to a base effect in the corporate centre, with the stability of businesses’ net banking income.
Crédit Agricole sees record inflows in AM business
International | Industry
25 Feb 2020 by Amélie Labbe
The French bank reported a rise in net revenue for the final quarter and the full-year 2019 of 7.7% and 3.3% respectively, ending the year at €20.4 billion ($22.1 billion). It attributed the rise to strong commercial activity in all of its business lines, including ‘record net inflows’ in its asset management business, Amundi.
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.
Leonteq FY19: all-time high in platform assets
International | Industry
17 Feb 2020 by SRP News
Despite the ‘challenging’ market environment a record amount of structured products was issued on Leonteq’s platform in 2019.
FY2019: Vontobel defends market share despite ‘fierce’ competition
International | Industry
13 Feb 2020 by SRP News
The Swiss investment manager reported a 35% increase of structured products outstanding in full year 2019 with the financial products division holding on to its market share despite increasing competition.
BNP Paribas’ CIB cashes in on increased structured products activity
International | Industry
11 Feb 2020 by SRP News
The French bank reported a ‘very good’ derivatives client business, in particular on structured products, in the fourth quarter of 2019.