UBS
Fast Asian kickout
UBS recently offered investors in Hong Kong the opportunity to invest against the iShares FTSE/Xinhua A50 China Tracker Fund. Capital would have been at risk had the three-month product not kicked out after the first month
The lure of click-to-trade systems
Growing demand from high-net-worth investors for bespoke structured products is leading to smaller deal sizes. As a result, arrangers are planning to increase their use of automated systems to mitigate the costs of delivering and servicing small trades…
Unauthorised trading costs UBS £50 million
Penalty is, to date, the third largest levied by the UK regulator