Tag: First quarter 2020
Van Lanschot Kempen blames structured products for Q1 loss
Europe | Products
14 May 2020 by SRP News
The Dutch bank blames a ‘very volatile market’ for the significant losses in its structured product portfolio in Q1 2020.
Structured products boost Credit Suisse Apac topline
International | Products
13 May 2020 by SRP News
Despite a ‘highly challenging’ environment, the Swiss bank delivered a ‘resilient performance’ in the first quarter of 2020, said Thomas Gottstein (pictured), the new chief executive officer of Credit Suisse Group.
SRP in brief: rain and shine
International | Industry
12 May 2020 by Amélie Labbe
This week continued on a gloomy trend initiated in previous weeks when it comes to banks’ and other financial institutions’ earning reports.
Barclays issuance reaches record high in the US
International | Products
11 May 2020 by Lavanya Nair & Pablo Conde
The British financial institution issued 623 structured products in the US for the first quarter of 2020, the highest issuance figure since Q1 19, reaching record sales volumes of US$3.54 billion. This compares with 429 products totalling US$1.51 billion in the same quarter a year prior.
Dividend markdowns hit Natixis’ EQD business
International | Products
11 May 2020 by SRP News
The French bank pushes back its strategic plan until the end of 2021 as despite ‘strong’ results for fixed income, investment banking and M&A, other businesses, including financing and equity derivatives, ‘were impacted negatively’ by the Covid crisis.
HSBC misses the mark despite record Q1 issuance
International | Products
07 May 2020 by Lavanya Nair & Pablo Conde
HSBC has reported setbacks during Q1 2020 as net profits slid to US$2.5 billion, a 49% drop year-year-year.
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.
Goldman Sachs Q1 issuance soars
International | Products
05 May 2020 by Lavanya Nair & Pablo Conde
Goldman Sachs more than doubled its market share as a distributor group during the first quarter of 2020 with 497 structured products, compared to the same quarter the previous year.
SocGen: structured products see Covid-19 impact
International | Products
01 May 2020 by SRP News
The French bank’s equity-linked structured products were impacted by the exceptional market dislocations at the end of the first quarter due to Covid-19.
