JP Morgan
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
Reverse convertibles get a clean sweep in latest US structured products filings
All the structured products filed with the US Securities and Exchange Commission on March 27 were reverse convertibles
Bail-in plans could undermine Basel's NSFR
Basel III rules that require banks to issue an estimated €2.7 trillion in long-term debt could be thwarted by plans to make investors accept losses
Goldman Sachs offers leveraged return note linked to 20 stocks
Goldman Sachs is offering a leveraged return note based on an extraordinary 20 US stocks. Friday's registration of structured products for the public issuance market was otherwise peppered with reverse convertibles, as well as the odd leveraged return…
Asian investors warm to volatility as demand for yield enhancement strategies grows
The need for better returns in a low-yield market environment is encouraging Asian investors to take a closer look at alternative investment strategies and the use of volatility as a hedging tool, with banks launching more enhanced, dynamic strategies in…
US investors get longer tenors, protection and bonuses
JP Morgan and HSBC have filed principal-protected notes with lengthy terms with the SEC, while UBS has registered three five-year autocallables linked to ETFs
Straddles in vogue as Goldman and JP Morgan dominate
Both JP Morgan and Goldman Sachs filed three new products with the US Securities and Exchange Commission on March 21, offering a selection of autocallable, straddle, reverse convertible and leveraged return notes
Bank of Montreal offers plethora of reverse convertibles in the US
Thirty-five new structured products were listed with the US SEC yesterday, led by a glut of supply from Bank of Montreal
Top 50 Global Custody Mandates Survey 2012
Andrew Tjaardstra reviews the major mandates from asset managers, pension funds, insurers and banks during the year 2011
UBS offers lion's share of latest structured products registered in the US
Thirty-one structured products were registered with the US Securities and Exchange Commission on March 9, with UBS providing nine autocallables and reverse convertibles
Goldman Sachs extends tenors in the US with five-year principal-protected note on the DJIA
A mass of new structured products registered in the US public market are dominated by HSBC and UBS, though Goldman Sachs stands out in terms of tenor with its five-year capital-protected note
Head of prop trading leaves JP Morgan
Stewart leaves before prop trading division is abolished
Show me the money: banks explore DVA hedging
Show me the money
Available to trade: row over scope of Dodd-Frank execution rules
Available to trade?
Market snapshot
Market snapshot
On the move
On the move
Aegon €12 billion longevity swap ‘shows appetite of capital market for diversifying assets’
Aegon €12 billion longevity swap ‘shows appetite of capital market investors for diversifying assets’