The Swiss firm is reviewing its local management set-up and will announce new appointments in due course.
The Swiss bank has appointed a new head of Asia Pacific trading solutions (ATS) sales and advisory for private banking business in Asia Pacific.
There were 93 structured products (including flow, but excluding leverage and private banking), worth an estimated JPY191 billion ($1.77 billion) added to the SRP Japan database in May.
CBIRC solicits public opinions on the provisional rules on fund trust of trust companies
The Honk Kong-based head of structured products for Asia at BNP Paribas Wealth Management has left the French bank, SRP has confirmed.
Some 583 products were issued in the retail segment in May, a 61% decrease from the previous month.
Credit Suisse reported that Q1 fixed income sales and trading revenues rose 139% year-on-year, driven mainly by higher revenues from structured and FX products, and gains from hedging activities.
Vontobel announced changes to the structure of the group in December, in an effort to be more efficient and client-centric globally, with a focus on servicing investment managers.
As the coronavirus outbreak hit the country at the beginning of 2020, South Korea’s structured products market saw a significant slowdown in activity with both issuance and sales decreasing for the period February to April 2020, compared to the same period last year. Excluding flow and leverage products, issuance and sales fell by 15% and 31%, respectively.