Included in the list was a Bank of America deal which will be sold by Merrill Lynch, its latest acquisition. BofA's Capped Leveraged Index Return Notes offer 200% participation in the S&P 500 for 18 months. The maximum coupon will be between 22-25%, and capital is only protected as long as the index does not fall by more than 10% from its level at strike.
Credit Suisse returned with a more conservative US equity play, offering two Cert Plus Securities that have a maximum participation of 125%, i
The week on Risk.net, July 7-13, 2018Receive this by email