Sweden: another issuer exits retail market

Sweden’s Skandinaviska Enskilda Banken (SEB) has stopped launching all types of structured products for the foreseeable future with immediate effect after an internal decision was made, a senior source at the bank told SRP. The Swedish bank halted all new structured products business at the end of 2019 although “any products still selling we will of course honour and do the trades," said the source. The decision to shut down its structured products business is not related to the cu