SocGen launches into US deposit space with Wells Fargo certificate

The CDs, which will price on August 24, last six years and will pay either 100 or 110% participation in the index, with the exact level to be set at pricing. Capital is protected in full at maturity, and covered by the Federal Deposit Insurance Corp up to a value of US$250,000 in the case of Wells Fargo's insolvency.

Wise is a market neutral proprietary model which was invented by SG in 2000. The index used in the CD is a volatility overlay built on a the SGI Wise US Long Short Index, constructe

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: