The structure was one of four launched by UBS. The remaining three, all reverse convertibles, linked to Wells Fargo, Freeport and US Steel. Credit Suisse also launched a play on US equity, offering 200% participation in the S&P 500 over 18 months. The product offers no capital protection and there is a cap on upside performance of 30%.
Aug 19 2009
Feb 24 2011
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