US Wrap: RBC steps into reverse convertibles with commodity equities

Metals were also on offer in the form of Alcoa which makes aluminium and Freeport McMoran, the copper mining company. Financial themes were represented by notes linked to Aflac, an insurance company, American Express and Bank of America.

Three other providers made up the remaining products for the close of the week, all reverse convertibles. Wells Fargo launched a note linked to the iShares MSCI Brazil fund, as usual packaging with the external credit of Eksportfinans. It lasts six months and pa

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