North America News

Indexed annuities: solid activity despite weak Q423

North America | Products

22 Feb 2024 by Summer Wang

FIA and Rila activities remained consistent at some of the largest insurers in 2023, although many lost steam in a challenging fourth quarter.

Barclays US average ticket boosted by jumbo deal, profit down by 15%

International | Industry

21 Feb 2024 by Summer Wang

The UK bank saw its sales of SEC-registered structured notes rebound in 2023 following a significant slowdown in activity in the previous year.

TIS: 75% of FIA indices deliver positive returns

North America | Industry

20 Feb 2024 by Summer Wang

In 2023, 168 of the 225 indices tracked by The Index Standard (TIS) posted a positive return, adding to the momentum for fixed index annuities (FIAs).

Credit Suisse dodges ETN lawsuit

North America | Regulations & Legal

15 Feb 2024 by SRP News

The Second Circuit Court of Appeals of the US has dismissed a class action lawsuit brought by retail investors over the delisting of a Credit Suisse exchange-traded note (ETN).

BofA indices gain traction with new Rila player

North America | Indices

14 Feb 2024 by Summer Wang

F&G Annuities & Life has entered the US registered index-linked annuity (Rila) market with three indices developed by BofA Securities.

UBS US sales up 8%, single stocks dominate

International | Industry

13 Feb 2024 by Summer Wang

The Swiss bank continues to differentiate itself with concentrated single stock underliers in the US structured note market.

MerQube, QueensField launch AI-powered indices

International | Indices

13 Feb 2024 by SRP News

The US index technology provider aims to outperform traditional benchmarks with the new index family.

Spotlight on… US risk control with decrement in focus

North America | Indices

09 Feb 2024 by SRP News

The risk control underlying co-developed by MerQube and J.P. Morgan has had a strong start of the year.

BofA’ sales up by 40%, average ticket size halved

North America | Products

06 Feb 2024 by Summer Wang

The sales of US structured notes by Bank of America (BofA) increased by 39.9% in the US in 2023 despite smaller ticket sizes.