The Swiss bank had a roller coaster year with sales almost halving in Q2 and picking up in Q3 but not enough to beat the previous year’s sales volume.

Credit Suisse issued a total of 1,545 structured products in the US market during 2021 worth US$5 billion, reflecting a 17% decrease in sales from 2020’s figure of 1,841 products valued at US$6 billion, SRP data shows. The bank’s issuance and sales fluctuated in 2021, crashing to 221 products in Q2 21 valued at US$687m from US$1.5 billion (486 products) in the previous quarter. However, sales volumes subsequently picked up from the third quarter totalling US$1.2 billion (361 produc

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