NatWest Group
Simple payoffs and short terms remain popular as investors play it safe
Incapital, Barclays and Gilliat all launched three products each in the past two weeks, most of which focused on the FTSE 100 index as investors continue shy away from risky investments
RBS appoints new director of US credit
Gary Davis takes senior role in credit and rates group.
Lee reappears at Deutsche Bank as head of GMIP and db-X, Asia
Chris Lee has taken over global market investment products and the db-x division in Asia for Deutsche Bank. Formerly head of the structured products group at UBS, Lee started at Deutsche in the last week of June.
Skandia offers the insurance route
Global savings and insurance heavyweight, Skandia, has been distributing structured products in Sweden since 2005 when it launched two products with Skandiabanken as issuer. Since then the Swedish branch has gone on to use various other intermediaries…
A complex payoff
The Royal Bank of Scotland has created a complicated retail structured product based on volatility for the Australian market and teamed up with National Australia Bank to help with distribution. Capital for the seven-year product is protected at maturity…
Malaysian investors hunt for hybrids
Hybrid structures are increasingly popular in Malaysia as investors look to keep the cost of hedging down and moving away from capital protected products
Liquidity risk management: Managing the challenges of stress-testing
This webinar discusses best practice in stress-testing a liquidity risk framework and how firms can find the business benefit from the new liquidity risk management requirements
South Korea implements product pre-approval regulation
South Korea launched its new derivatives product approval system in June but issues remain
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
Regulators hit back at IIF’s doom-laden predictions of Basel III impact
Regulators believe the IIF has over-estimated the effect of the planned Basel III reforms.
Funding valuation – a clear and present future
In this roundtable, three leading swaps dealers discuss the changes in derivatives pricing – and in particular, the use of OIS as a discount rate for collateralised derivatives trades.
Ex-RBS banker faces industry ban
UK FSA considers lifetime ban for Johnny Cameron
Where there’s a will…
Living wills have quickly emerged as a new measure to ensure banks are better prepared for the next crisis. But clear definitions of exactly what information they should contain and how they should be drawn are lacking
RBS hires head of US macro credit strategy
RBS recruits Alliance Bernstein’s Edward Marrinan as US macro credit head, plus Cantor Fitzgerald’s Ian Jaffe and Seth Levine.
Deutsche Bank boosts bond origination team
Reid Payne, Maryam Khosrowshahi and Anatoli Kossarik join Deutsche Bank’s CEEMEA debt capital markets team.
US investors still sensitive to counterparty risk
Counterparty risk remains a dominant theme for US investors, who are keen to analyse issuer credit ratings and credit default swap levels before buying a structured product. Richard Jory asks senior US industry figures how attitudes to counterparty…
Volatility fears increase after May whiplash
Equity markets suffered a whiplash effect before and after the second weekend of May, with the Eurostoxx 50 dropping 4.26% on Friday, May 7, only to bounce back by 10.35% the following Monday.
RBS and NAB offer investors the chance to restrike
Royal Bank of Scotland (RBS) and National Australian Bank (NAB) have teamed up to offer a product called Re-Strike, which will give investors with non-performing investments the chance to reset capital. RBS is the issuer.
