Tag: Q4 2023
StanChart profit up by 60%, structured notes distribution spikes
International | Industry
27 Feb 2024 by Jocelyn Yang
The UK bank’s wealth management business has seen steady growth in 2023, driven by treasury products and bancassurance.
SRP in brief: maturing market
International | Industry
26 Feb 2024 by Jocelyn Yang
The UK retail structured products market had a record year with more than 96% of plans that matured during 2023 delivering positive returns. Meanwhile, Barclays' US structured products sales volume reached over US$10 billion in 2023.
HSBC remains top European issuer globally, ELI issuance strong in HK
International | Products
23 Feb 2024 by Jocelyn Yang
The UK bank's full-year earnings remained strong despite impairment charges curbing its profit in the fourth quarter; structured products raised US$22 bn in sales.
Barclays US average ticket boosted by jumbo deal, profit down by 15%
International | Industry
21 Feb 2024 by Summer Wang
The UK bank saw its sales of SEC-registered structured notes rebound in 2023 following a significant slowdown in activity in the previous year.
Unicredit posts robust earnings, structured products’ sales rise
Europe | Industry
16 Feb 2024 by Jocelyn Yang
The Italian banking giant remains the second-largest structured product issuer group in 2023 with over 17% of the market share.
UBS US sales up 8%, single stocks dominate
International | Industry
13 Feb 2024 by Summer Wang
The Swiss bank continues to differentiate itself with concentrated single stock underliers in the US structured note market.
STOXX’s revenues slide, product issuance remains strong
International | Indices
09 Feb 2024 by Jocelyn Yang
Parent company Deutsche Börse Group’s net revenue in ESG and index business reported a two percent drop to €566m in 2023.
BofA’ sales up by 40%, average ticket size halved
North America | Products
06 Feb 2024 by Summer Wang
The sales of US structured notes by Bank of America (BofA) increased by 39.9% in the US in 2023 despite smaller ticket sizes.
MS US sales fall, single stocks gain ground
International | Products
05 Feb 2024 by Summer Wang
Sales of structured products in the US at Morgan Stanley dropped by 5.9% in 2023.
