UK investors have recently been offered emerging markets as an underlying, a commodity fund and no capital protection as providers have been able to structure some attractive payoffs
Britannia International, an offshore savings bank, has opened issue 8 of its Guaranteed Capital Bond. The three year 100% capital protected product will pay a fixed return of 3.54% annually if the FTSE 100 index is equal to or greater than the start level.
UK mortgage lenders are grappling with Basel II. But there are still concerns about a credit risk management gap between the large and small lenders.