Insurance inroads


Sales of structured products in Asia collapsed spectacularly in 2008 and their return has been patchy. While investment banks have repeatedly sought to re-establish volumes in markets, they have been hampered in many jurisdictions – such as Hong Kong, Singapore and Taiwan – by increased regulation affecting retail bank sales. This has been only partially offset by investments from private banks that have accepted a return to structures with more alacrity. However, volumes are still well off prev

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