Inflation-linked structured products preferable to Linkers, says RBC WM
On the move
The Canadian bank wants to hire up to 300 wealth management staff in Asia during the next four years.
Royal Bank of Canada is the only player in the issuance with its reverse convertibles, a handful of which are based on natural resources.
The financial sector provides the basis for several products in the latest US issuance, reflecting a general trend in the structured products market.
RBC has hired 70 employees this year in a bid to build its presence in the Asia-Pacific region
Most large banks had less exposure to market risk during the second quarter, despite volatile conditions in many asset classes.
Reverse convertibles take the lead in US issuance, with most new deals hailing from Royal Bank of Canada
Longer tenors are proving attractive to investors hunting for yield as low interest rates prevail in the US
Reverse convertibles are back in vogue in the US public markets, with RBC leading the charge
Eksportfinans offers Brazil index fund product, Swedish Export Credit Corporation abandons downside protection
2010's Global Custody Survey paints a positive picture for market participants as assets under custody rise for the majority of respondents. Sophia Morrell reports.
Philip Harris is to head the newly created Private Client Wealth Management team as RBC continues to build on its platform in the UK
Japanese plans to limit leverage on margin trading to a maximum of 50 times collateral in August could affect Australian dollar/yen cross rates.
The Royal Bank of Canada has issued a new reverse convertible based on BP. The oil company's shares have risen in the US market in recent trading despite hitting a 13-year low on the London Stock Exchange in June
RBC Capital Markets survey say Greece most likely country to leave the eurozone.