US Wrap: Reverse convertibles return

After branching out into other investments, the US market has returned to its staple of reverse convertibles. ABN Amro joins Barclays-dominated issuance with notes based on a technical licensing company. Barclays Reverse Convertible Notes linked to Rambus, issued by ABN Amro, are six-month investments offering an annual rate of 12.5%, with a 75% barrier, after which capital will be lost on a 1:1 basis. Two gold mining companies also appeared as underlyings, allowing investors to have a share