Scrambling for yield

richard-vagnoni-finra
Richard Vagnoni, Finra

The demand for certificate of deposit-backed structured products in the US will dwindle only when the increased, US$250,000 limit put in place by the Federal Depositary Insurance Corp in the depth of the financial crisis is reviewed. "You can't assume the FDIC limit will remain high," said Dayna Kleinman, first vice-president, fixed income and structured products consultant at Robert W Baird, speaking on a roundtable at the Structured Products Americas conference, held in Miami on May 6 & 7.

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