Structured Products - Sep 2015

Articles in this issue
Structured products market blasts Mifid II complexity test
Strict classification of structured products into 'complex' and 'non-complex' criticised
Structured Products Europe Awards 2015: call for entries
Take a look at the categories and find out how to enter this year’s awards
Editorial: Innovation the watchword in Asia
Structured Products Asia Awards highlight the region’s immense capacity for innovation
BoE sees no place for structured notes in TLAC for now
UK regulator unsympathetic to calls for derivatives-linked debt to count in big banks' capital buffer, say dealers
Autocallable issuance upsets Euro Stoxx volatility market
Frenzied issuance on European indexes stacks up vega risk for dealers as natural hedge suffers
Taiwanese banks reinvigorate Tarf market hit by loss and scandal
Industry well prepared for renminbi turbulence after learning lessons of 2014
Asia house of the year: HSBC
Barnstorming year in Hong Kong equities coupled with continued CNH dominance drives HSBC to first place
Equity derivatives house of the year: UBS
Pooling equity derivatives and wealth management skills enabled bank to recycle risk to meet client demand
Foreign exchange house of the year: HSBC
Ability to leverage internal liquidity pool and service clients seeking large-scale transactions sets bank apart
Cost pressures spur growth in multi-issuer platforms
Higher costs on low-margin flow products drives shift to new platforms
Commodities house of the year: Societe Generale
An innovative approach in tough market conditions has allowed Societe Generale’s clients to increase commodity exposure when many were pulling back
Interest rates house of the year: Societe Generale
Multi-asset capability and broad reach boosted product development and range
FVC review: Cube’s growth plan for FTSE and Euro Stoxx
Dual index product offers potential annual income of 5%
Contineo plans Asia expansion
Multi-issuer platform to challenge established regional players
FVC review: Credit Suisse offers leveraged return on MSCI EAFE
Leverage offers strong but capped upside with buffer for protection
FVC retrospective: Dunbar Bank investors get protection at a price
Capital-protected growth product balanced limited downside with underperformance of UK benchmark
FVC retrospective: Morgan Stanley’s defensive autocall matures early
Kickout triggered after one year, outperforming peer group
Deal of the year: Societe Generale
Bank capitalises on relaxation of rules in Formosa bond market
ETF provider of the year: Deutsche Asset & Wealth Management
Diversification into new underlyings and commitment to client education sees Deutsche AWM win
Index provider of the year: S&P Dow Jones Indices
Offering expanded product range and better access to Chinese bonds helps S&P take top spot
Hong Kong house of the year: HSBC
Bank wins plaudits from private wealth managers for riding to rescue in July and backing Contineo
Japan house of the year: Credit Suisse
Bank earns praise from clients as “creative counterparty”
South Korea house of the year: UBS
UBS draws on global expertise to craft products linked to Europe and China for yield-hungry investors
Taiwan house of the year: BNP Paribas
French bank made waves with pioneering structured note issuance
Australia house of the year: Societe Generale
Synergy with futures broker Newedge has delivered innovative structures
Malaysia house of the year: CIMB
CIMB boosts market share in Malaysia with nimble strategy
Bank technology provider of the year: BNP Paribas
Proprietary structuring and pricing services win bank acclaim
Technology vendor of the year: Numerix
Flexibility and high-performance processing drive adoption of CrossAsset platform
Structured Products Asia Awards 2015: The winners
HSBC takes crown with strong showing in a turbulent period for Asian issuers
Unpicking risk in the Priips framework
Lack of precision leaving little time to finalise technical standards
People: Citi bolsters equity derivatives and prime services teams
Stephen Roti heads corporate equity derivatives