The structured notes business has been expanding rapidly at Siam Commercial Bank thanks to its digital wealth management platform.

SCB Wealth, the wealth management business of at Siam Commercial Bank (SCB), has traded structured products in notional of approximately THB40 billion (US$1.1 billion) year-to-date. The wealth manager structured products business has accounted for nearly 30% of the total notional traded year-to-date, and represents an increase from 10% in 2021, according to Sornchai Suneta (pictured) , CIO and product function executive vice president at SCB. "The volume is expected to increase to THB60 billio

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