Articles by Richard Jory
FSA more sanguine on structured deposits as Lord Turner scorns innovation
The UK Financial Services Authority has issued another massive document containing its thoughts on structured products and, notably, stating that its concerns about structured deposits are no longer critical
Reverse convertibles dominate as US supply slows
Seven structured products were registered with the SEC on March 12, with reverse convertibles from UBS leading the way
UBS offers lion's share of latest structured products registered in the US
Thirty-one structured products were registered with the US Securities and Exchange Commission on March 9, with UBS providing nine autocallables and reverse convertibles
Wells Fargo issues correlation structures and keeps up with longer tenors
Two of the latest structured products Wells Fargo has registered in the US public market are based on multiple underlyings, making a play on correlation. The supply registered with the US Securities and Exchange Commission on March 8 includes 88 new…
Tenors get tastier as Bank of Montreal launches Abercrombie & Fitch reverse convertible
Fifty-two structured products were registered with the US Securities and Exchange Commission on March 7, maintaining the boost in issuance that began the previous day
Goldman Sachs extends tenors in the US with five-year principal-protected note on the DJIA
A mass of new structured products registered in the US public market are dominated by HSBC and UBS, though Goldman Sachs stands out in terms of tenor with its five-year capital-protected note
Bank of Montreal offers glimpse of sunny returns
Bank of Montreal and Goldman Sachs revive somnabulant US public issuance market with racy reverse convertible and leveraged return note
Editorial: Ratings in moderation
Editorial
Fuhr creates ETF advisory firm
Deborah Fuhr, Shane Kelly and Matthew Murray have formed ETF Global Insight, a consultancy that will offer independent advice to the global ETF community
Six Swiss Exchange opens Cosi listings to UK banks
The exchange will allow UK banks to issue products using its collateral secured investments (Cosi) service from the UK. Germany is also expected to be on the list to receive the extended service
UBS leads reverse convertible flurry in the US
UBS registered nine reverse convertibles with the SEC on February 22. All the reverse convertibles registered on that date are based on single stocks from well-known US companies. JP Morgan offered a bonus structure, while Goldman Sachs and RBC chipped…
HSBC voted best for retail structured products in Greenwich Associates survey
HSBC leads the Greenwich Associates survey rankings for retail structured product quality, while Barclays Capital has the best-known franchise among distributors and BNP Paribas retains top spot in Europe
Chan and Bakshi step in as Lee leaves Deutsche’s Asia structured products team
Susan Chan and Neha Bakshi take over structured products structuring and sales at Deutsche Bank in Asia following Chris Lee's departure
Lookback
Lookback
Retrospective: Morgan Stanley leverages the downside
Follow the bear
Special report: Private banking
Special report: Private banking
RBS retains structured products in restructure
Trimming the fat
Editorial: The age of the scapegoat
Has the popularity of exchange-traded funds turned them into the new regulatory whipping boys?
FSA reveals regulatory mission
FCA's Martin Wheatley says the FSA's power to ban investment products will not be used lightly or without good reason, tempering some of the statements emerging from the UK regulator over the past year
Sarfati to move on as Société Générale rings the changes
Arnaud Sarfati will leave SG CIB after the latest restructure, which sees the number of co-heads at the bank dramatically reduced
JVB Financial hires Tessar to help drive distribution expansion
John Tessar will add his 15 years' structured products experience to JVB Financial's expansion drive in North America