Banks rethink fund-linked trades ahead of FRTB
Some stop offering longer-dated structured products ahead of expected 2023 rules in EU
With spikes in capital requirements on the way, European banks are fretting over how to avoid ending up with mispriced trades in structured products linked to funds.
Already, some banks have stopped offering products that expire after 2023, when the new Basel rules on market risk are expected to come into force in the European Union, while some are charging more for them. Others are looking
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