The offshore, private banking and institutional database saw a total of 1,057 products worth an estimated $2.81bn added during May, which saw a consecutive second month of decline (8%) compared with $3.06bn worth of issuance recorded the previous month. In terms of issuance, there were 172 fewer products than last month’s 1,229 products. Overall the resilience of the US and European stock markets and improved economic outlook continued to fuel investor confidence in non-retail structured produc

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