HSBC offers a product cocktail in the US as RBS adds a digital
HSBC provided a broad selection of structures in its product filings with the SEC on April 5, while Royal Bank of Scotland launched a digital structure and Morgan Stanley offered principal protection
HSBC provided most of the spice in terms of new product registrations with the US Securities and Exchange Commission on April 5. While reverse convertibles were again the dominant structure registered with the US regulator, HSBC filed a selection of leveraged return, straddle, digital and autocallable products.
Royal Bank of Scotland made a rare appearance in the US public issuance market with a Dow Jones Industrial Average-based digital structure. The product is a 3.5-year investment and offers
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