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Market Reviews
US December 2025: single shares gain momentum, Barclays slips out of top five

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US December 2025: single shares gain momentum, Barclays slips out of top five

Investors edged further into capital-at-risk products throughout the year with vanilla callable fixed-rate note sales saw a 14% jump.

Market Reviews
Hungary 2025: SG dominates, boosted by FX and ETF index

30 Jan 2026

Hungary 2025: SG dominates, boosted by FX and ETF index

The French bank captured 60% of the Hungarian market, according to SRP data.

Market Reviews
China December 2025: retail structured deposits keep momentum

29 Jan 2026

China December 2025: retail structured deposits keep momentum

The structured deposit issuance maintained the momentum towards the end of 2025

Market Reviews
Poland Q4 2025: Morgan Stanley debuts as Natixis marches on

28 Jan 2026

Poland Q4 2025: Morgan Stanley debuts as Natixis marches on

The US investment bank made its first ever appearance as an issuer on the SRP Poland database.

Market Reviews
UK December 2025: single equity indices regain control, for now

26 Jan 2026

UK December 2025: single equity indices regain control, for now

Products linked to a single equity index captured more than 70% of sales volumes in December, despite having lost market share to index baskets over the course of 2025.

Market Reviews
Belgium Q4 2025: record volumes driven by fixed income galore

21 Jan 2026

Belgium Q4 2025: record volumes driven by fixed income galore

Volumes for the last quarter reached a 12-year high while sales for full year 2025 were the highest recorded since 2016.

Market Reviews
South Korea December 2025: sales jump one-third, full-year volumes up 23%

20 Jan 2026

South Korea December 2025: sales jump one-third, full-year volumes up 23%

Sales in ELB and DLBs drive growth, while ELS rebounds; Palantir Technologies-linked ELS is on a tear.

Market Reviews
Taiwan Q4 2025: equity-linked notes remain strong, full-year issuance up 81%

20 Jan 2026

Taiwan Q4 2025: equity-linked notes remain strong, full-year issuance up 81%

The equity basket accounts for over 95% of the issuances; snowball autocallables continues to be favoured.

Market Reviews
Europe Q3 2025 (part 3): focus on directional rate exposure and autocallables, yield structures remain dominant

19 Jan 2026

Europe Q3 2025 (part 3): focus on directional rate exposure and autocallables, yield structures remain dominant

The payoff mix in Europe during Q3 2025 remained concentrated, with a small number of structures accounting for the vast majority of issuance.

Market Reviews
US November 2025: sales flatten out

31 Dec 2025

US November 2025: sales flatten out

The structured notes market cooled down after three consecutive months of growth while a new issuer came to the scene.

Market Reviews
China, November 2025: retail structured deposits issuance rebounds

18 Dec 2025

China, November 2025: retail structured deposits issuance rebounds

Issuance in November shows a noticeable rebound, rising to roughly 900 units.

Market Reviews
Hong Kong November 2025: Xiaomi leads in warrant listings

17 Dec 2025

Hong Kong November 2025: Xiaomi leads in warrant listings

Nvidia and Alibaba remain popular assets for ELIs.