The UK bank’s wealth management business has seen steady growth in 2023, driven by treasury products and bancassurance.
The UK retail structured products market had a record year with more than 96% of plans that matured during 2023 delivering positive returns. Meanwhile, Barclays' US structured products sales volume reached over US$10 billion in 2023.
In this week’s wrap we look at a selection of structured products with strike dates between 18-24 February 2024.
The UK bank's full-year earnings remained strong despite impairment charges curbing its profit in the fourth quarter; structured products raised US$22 bn in sales.
The US investment bank has also promoted several other senior executives within the markets unit including the global head of EQD trading.
The UK bank saw its sales of SEC-registered structured notes rebound in 2023 following a significant slowdown in activity in the previous year.
New BofA indices were brought to market last week through a new insurance carrier of Rilas; MerQube partnered with AI firm to develop new AI-powered indices.
In this week’s wrap we look at a selection of structured products with strike dates between 11-17 February 2024.
In this week’s roundup, we look at the latest moves at UBS, Natixis, Luma, Falcon X and HKEX.