JP Morgan
Dual directional products are ‘exceedingly complex’ says US securities research firm
Thirty-five dual directional structured products have been issued so far this year in the US, but research from a securities consulting firm warns against them
JP Morgan's 'London whale' losses spark VAR debate
In-house probe will look at role of internal model change, among other factors
Financials and tourism the latest picks for US structured product underlyings
Of the 91 structured products filed last week with the US Securities and Exchange Commission, more than 40 were reverse convertibles and nine were digitals. Financials and tourism were the most popular underlyings
Dynamic commodity strategies in demand as investors seek flexible exposure
Third-generation, dynamic commodity strategies are on the rise as increasingly sophisticated investors seek to capitalise on fast-changing trends in commodities
Dow Jones Indexes jumps on demand for alternatives
Alternative asset ETFs have seen a big increase in assets this year, and Dow Jones has joined in the trend with the licensing of a new multi-asset index for ETF creation
Push, ping or hub: industry tackles risk of clearing fails
Push, ping or hub
Dealer platforms weigh up life under Mifid
Weighing up life under Mifid
On the move
On the move
Asia Risk commodity rankings 2012
Asia Risk commodity rankings 2012
'Clients, products and business practices’ the biggest op risk type in March
Types of operational risk loss by event, March 2010 to March 2012
People: Royal Bank of Scotland lets Stuff go
Royal Bank of Scotland lets Stuff go
Urwin takes top Asia-Pacific role at JP Morgan
Jeff Urwin adds regional responsibilities to existing global position
Food, technology and ETF underlyings feature in latest US structured product filings
New product filings with the SEC show a preference for technology and ETF underlyings, and include a Bank of Montreal reverse convertible based on the stock of Whole Foods Market
Banks offer short-term plays on natural resources
Royal Bank of Canada leads the offering of short-maturity structured products in the US public market with 12 products, half of which have maturities of just three months
Holiday appetite forms the basis for latest JP Morgan and UBS products in the US
JP Morgan and UBS both filed products linked to seasonal underlyings with the SEC on April 19
Barclays steals the show with double-digit digital
Barclays Bank has offered a digital and a leveraged return product in the US, both of which offer high rates of return
Divergence in return profiles hints at returning US risk appetite
Digitals and leveraged return notes linked to the S&P 500 are among the latest products to be filed with the SEC, while UBS has offered a reverse convertible linked to MGM Resorts
HSBC offers four-year digital structure as financial underlyings prove popular
Leveraged return notes and reverse convertibles remain popular in the latest US public issuance, but HSBC is offering a digital structure with a long tenor and products linked to financials
Dealers draw up contract for covered bond CDSs
Credit Suisse, Deutsche Bank and JP Morgan expect demand for spread volatility protection on covered bonds
US issuers diversify from reverse convertibles
The latest filing with the SEC is dominated by leveraged return notes and reverse convertibles, with some autocallables and a straddle offering diversity
European appetite for volatility ETFs blossoms
Inflows into volatility ETFs in Europe have spurred the launch of new products to satisfy investor interest in this asset class
People: Bänziger leaves Deutsche as Fan, Faissola take new roles
Deutsche's Bänziger to go, while Fan becomes securities co-head; BoE's Tucker gets CPSS role; Ashley shakes things up at Nomura; unhappy Goldman trader adopts scorched earth policy
Market snapshot
Market snapshot