Structured products
Chris Lee reappears at Deutsche Bank as head of GMIP and db-X, Asia
Deutsche Bank has hired Chris Lee as head of structured products for Asia, just a few months after he left a similar position at UBS
Nasdaq launches two sharia indexes
Nasdaq has released its first sharia-compliant indexes, based on the Nasdaq 100 and OMX Stockholm Benchmark indexes
UK Wrap: Growth and income products proliferate despite rising volatility
Growth and income plans were by far the most popular style of product over the past three weeks, thereby disproving the previous UK wrap prediction that autocall products would increase in popularity
Ashurst hires Nick Terras to bolster derivatives products group
Nick Terras has left Schulte Roth & Zabel to join Ashurst's derivatives products group in London
Wiener Börse launches two fundamental indexes
The Vienna Stock Exchange has launched the CECE Fundamental and the CEETX Fundamental indexes
US Wrap: Accelerated growth and reverse convertibles share the spoils
In a low-issuance US market, accelerated growth structures and reverse convertibles lead the way
Deutsche Bank adds five to wealth unit in Hong Kong
German bank moves to increase its private banking coverage for North Asia
New short-bond ETFs facilitate interest rate hedging and directional views
Deutsche Bank has listed short-bond ETFs on the London Stock Exchange as an interest rate hedge or for taking directional views on UK and US sovereign debt
ETF Securities offers emerging markets and G10 currency exposure
Exchange-traded currencies target retail and institutional investors
JP Morgan names Cohen as Asia head of ultra-HWI private banking
US bank seeks to put in place senior management to take on the lucrative Asian wealth market.
Credit Suisse expands Australia equity derivatives with Kiely hire
Credit Suisse has expanded its equity derivatives and structured products operations in Australia with the appointment of Lucas Kiely as director and head of equity derivatives sales and Chelsea Wise as director and head of structured products sales
S&P creates taxable municipal bond index; talks structured products and ETFs
Standard and Poor's Taxable Municipal Bond Index offers exposure to a market that has grown substantially since the beginning of 2009.
Morgan Stanley bolsters EQD team
Newcomers to focus on the Middle East and North Africa (MENA) region.
UBS creates reverse convertible index to beat deposit returns
UBS index meets demand from German retail investors for regular income that beats the European Central Bank's base rate.
Capital protection retains its allure in Switzerland, SSPA
Investors continue to buy capital-protected products, but shy away from leverage.