Barclays
US structured products show preference for baskets of underlyings
Recent US structured products issuances have contained several products with multiple underlyings and the latest follows suit with basket products from HSBC, Barclays and Morgan Stanley.
Tenors get extended as structurers face poor market conditions
Maturities for US structured products get stretched and Barclays issues a reverse convertible with a high risk rating
On the move
People moves across Asia
Asia Risk institutional derivatives rankings 2011
Asian assets decouple
Bank of America offers digital payout while three issuers compete with leveraged S&P 500 products
Barclays reverse convertibles dominate the latest US structured product offerings, but there is also diversion into digital payouts and leveraged returns
Hearing on Libor class action venue due
US dollar Libor banks could find out details of a class action lawsuit against them as early as August
OpRisk Asia: regional growth could undermine ORM, conference hears
Continuing growth in the Asian market means expansion could override caution in operational risk
Investors should avoid a flight from risky assets, says Barclays Capital
Investors should avoid dumping risky assets despite concerns over slow growth and eurozone debt, according to a BarCap report, as opportunities may arise in equities and credit later this year
Lloyds abandons AMA
Lloyds has abandoned the AMA after trying to combine two models, losing key staff and coming under scrutiny from regulators
British banks ring-fence more than £5 billion for PPI compensation payouts
Banks will not appeal decision of judicial review regarding complaints against them and have set money aside for settlements
Barclays ETNs access the 'pure beta' of commodity returns
Barclays ETNs access the 'pure beta' of commodity returns
Merchant Capital offers an agriculture basket
Buying into agriculture
Market snapshot: May 2011
Market snapshot
Walker Crips offers choice of counterparties
Counterparty choices
Deutsche and Barclays sweep into CNH derivatives
Banks both now offer offshore renminbi trading in spot, forwards and swaps on their FX platforms after new launches over the past fortnight
Elcock appointed chief risk officer at Coventry Building Society
Ex-Barclays manager takes up role in Coventry
Singapore efforts to become RMB offshore centre bolstered by bond funds
Barclays Capital and UOB Asset Management issue the first renminbi-denominated bond funds in Singapore for retail investors. RBS believes Singapore has the potential to be the second major offshore renminbi centre after Hong Kong
The lock-in
The lock-in
CDO ratings arbitrage “reasonable and justifiable”, UK court finds
CDO ratings arbitrage ‘reasonable and justifiable’, finds UK court
Five-way collateralisation
Five-way collateralisation
Defining risk and return
Defining risk and return
UK assets in retail ETFs more than double that of a year ago, says iShares
The number of retail investors using ETFs is rising fast, boosted by regulatory initiatives such as the Retail Distribution Review and greater product knowledge among financial advisers.
Market snapshot
Market snapshot
The new normal
The new normal