The South Korean market has seen a significant drop in ELS/DLS activity as a result of the volatility across major equity markets.
The Financial Services Development Council (FSDC) has recommended the introduction of listed structured products linked to Mainland’s A-Shares into the Stock Connect.
There were 103 structured products, worth an estimated JPY226 billion ($2.1 billion), added to the SRP Japan database in August (including flow, but excluding leverage and private banking).
Only 521 products were issued in the retail segment in August, showing a significant decrease of 68% compared to July.
HSBC Amanah Malaysia is gearing up to launch its second green structure tied to green deposits and ESG underlyings as part of its efforts to transform the bank into HSBC Group’s ‘first sustainable banking entity’.
The Taiwanese market has seen the issuance of structured products skyrocketing in the first half of 2020 buoyed by the increased activity from the two banks.
The UK bank is putting to work its newly developed AI-based underlying launched in the US earlier this year on a number of Asia Pacific markets.
A recent webinar organised by SRP saw four APAC industry experts share their views about how this year’s volatility impacted client engagement, product issuance and digital adoption in the structured products market.
The Swiss bank continues with the reorganisation of its wealth management business under the new Unified Global Capital Markets unit which brought global wealth management, investment bank financing and risk management under one umbrella earlier this year.