Feature
CDS: Citi leads widening; RBS stable
Credit default swap 5-year mid-levels for structured products issuers (Wednesday February 18)
US Wrap: Mid-week freeze
With tumbling equity markets pushing the S&P index down 4%, yesterday turned out to be the right day for no issuance in the US market. Despite continued volatility, the past week has seen reverse convertibles making a comeback: the poster child of US…
JP Morgan launches autocallable gold-linked certificate of deposit
JP Morgan has launched a new certificate of deposit (CD) for US investors linked to the price of gold, as the precious metal's price continues to climb. The CD kicks out as soon as the gold price, taken as the daily fixing level in US dollars per troy…
CDS: European banks lead widening
Credit default swap 5-year mid-levels for structured products issuers (Tuesday February 17)
US Wrap: ABN rounds off week of reverse convertibles with final note
The flood of reverse convertibles put into the US market on Thursday slowed to a trickle by the end of the week, as ABN Amro launched one note into the space linked to the stock of General Electric. The bank was a dominant presence in the reverse…
Morgan Stanley unveils cash collateralised and gilt-backed product
Morgan Stanley has launched a three-year structured product for retail clients which is both cash collateralised and backed by triple A-rated UK gilts to mitigate counterparty risk. The issuer has developed the plan in response to feedback from UK…
Minor recovery in January for Swiss market
Swiss structured product market volumes made a minor recovery in January, increasing moderately from the subdued December 2008 performance which saw volumes dip to their lowest numbers for the year.
Don't rock the boat!
Editor's blog
CDS: Barclays, Citi widen; other US banks remain stable
Credit default swap 5-year mid-levels for structured products issuers (Friday February 13)
US Wrap: ABN Amro dominates, offering 16 new reverse convertibles
ABN Amro burst into life yesterday, dominating structured products issuance in the US, launching 16 of the 19 new deals - all reverse convertibles, based on wide range of themes, including commodities, the consumer retail market, and financials. Oil and…
CDS: Citi, Morgan Stanley widen by more than 5%
Credit default swap 5-year mid-levels for structured products issuers (Thursday February 12)
Fortis offers gold protection in Turkey
Fortis Investments and its wholly owned Turkish entity Fortis Portföy have launched the Fortýs Koruma Amaçlý 1. Fonu, an onshore gold-linked capital protected fund. The trade is the fifth capital protected fund launched by Fortis in Turkey.
Deutsche rolls out Asia-Pacific structured fund
Deutsche Bank has launched the DB Platinum Croci Asia-Pacific Fund, a Ucits III-compliant structured fund which is designed to provide exposure to the Croci Asia-Pacific index.
Barcap’s inflation inspiration
Barclays Capital has launched the AUD Inspire Index, which is designed to provide synthetic inflation protection for Australia using a weighted combination of actively traded and liquid inflation swap indexes from the US, UK and euro area.
CDS: Citi, Goldman and Morgan Stanley tighten
Credit default swap 5-year mid-levels for structured products issuers (Wednesday February 11)
CDS: Citi, Morgan Stanley widen
Credit default swap 5-year mid-levels for structured products issuers (Tuesday February 10)
BBVA strengthens Asian business
BBVA Global Markets has reinforced its team in Asia by appointing Daryl Chen as head of equity derivatives sales. The hire is cited as part of the bank's build up of its team in Asia and its franchise in Greater China both in equities and fixed income.
CDS: US banks tighten, European banks remain stable
Credit default swap 5-year mid-levels for structured products issuers (Monday February 9)
CDS: Bank of Americas falls back into line
Credit default swap 5-year mid-levels for structured products issuers (Friday February 6)
Dow Jones Stoxx 600 index to underlie Deutsche ETF
Deutsche Bank AG has licensed the Dow Jones Stoxx 600 index to underlie its latest exchange-traded fund (ETF). The index comprises a broad range of large, mid and small-cap companies across 18 European countries, consisting of Austria, Belgium, Denmark,…
A supervisor for Europe?
Editor's blog
CDS: Bank of America gaps out to 210.8bp
Credit default swap 5-year mid-levels for structured products issuers (Thursday February 5)