Andorra-based private bank Morabanc has launched a new product to help clients restructure their portfolios when some of the positions are delivering losses.

SRP spoke to Ferran Vila (pictured), head of structured products desk and flow desk at the bank, about the new functionality, the different applications of structured products to achieve different outcomes and the bank’s outlook and plans for 2020. What is the aim of the new Recovery product? Ferran Vila : We have launched a new idea called Recovery to recover loss positions from our clients’ portfolios. This is testimony of the flexibility of the structured products and the differ

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