Blossoming retail

Blossoming retail

Pink flowers

The collapse of Lehman Brothers in September 2008 and subsequent market volatility took the Japanese structured products market from a high level of activity in several sectors to a relatively low level of simpler activity concentrated among private bank and retail distributors. On top of this, the historically high national savings rate fell to 23% in 2009, its lowest point for a decade, according to International Monetary Fund data, and demand for private placement products that were

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