Wells Fargo
Wells Fargo agrees $11 million SEC settlement over CDO sales
US SEC claims Wells Fargo Securities, formerly Wachovia Capital Markets, violated securities laws when selling CDOs tied to the ailing housing market
$10 million identity fraud ring smashed by US authorities
Schemes involved staff from 11 high-profile US banks
US foreclosures crisis is result of 'overall operational failure'
Imprudencies of scale
Real estate emerges as a theme for US structured products
Real estate is gaining popularity as an underlying, with a handful of products tracking iShares Dow Jones Real Estate Index fund in recent issuances.
Lifemark investors low down in pecking order for payouts
Lifemark investors low down in pecking order for payouts
Wells Fargo: Including ETFs
Including ETFs
Nomura hires convertible bond head
New convertible bond specialist for Nomura
US wrap: Structurers deploy longer maturities to tackle low interest rates
Longer tenors are proving attractive to investors hunting for yield as low interest rates prevail in the US
US Wrap: Wells Fargo offers accelerated US equity returns
Wells Fargo is the only issuer of publicly registered structured products in the US as volumes tail off
Janus Capital recruits Threadneedle sales manager
Janus Capital nabs Steven Bilodeau from Threadneedle's Frankfurt office.
Banks fail to exploit market for smartphone apps
Third parties are developing downloadable applications (apps) for banking, leaving banks lagging behind
US Distributor
Structured Products Americas Awards 2010
Bankers question Wellink’s claim on Basel III economic impact
Bankers question how the committee chairman can accurately estimate the impact of Basel reforms.
Market snapshot
Tim Mortimer of Future Value Consultants looks at the pricing issues for structured products in different markets and provides his trade of the month