Asia Pacific News

SK DLS market drops after mis-selling scandal

Asia Pacific | Regulations & Legal

16 Feb 2021 by Summer Wang

The balance of derivatives-linked securities (DLS) in South Korea, which are not principal-protected, plunged to KRW12.7 trillion (US$10 billion) as at the end of June 2020 from its record high of KRW18.4 trillion a year prior as a result of the mis-selling crisis.

Vontobel’s 2020 results boosted by Covid induced catch-up effect

International | Industry

16 Feb 2021 by SRP News

The Swiss investment manager reported strong net inflows of new money with investors looking for new investment opportunities following the hard lockdown.

DBS net profit falls 33%, enters top 5 Apac issuer ranking

Asia Pacific | Industry

11 Feb 2021 by Summer Wang

DBS has continued to strengthen its balance sheet despite improving macro conditions.

SRP China Awards 2020: Guangfa Bank cashes in on 30-day tenor, commodities

Asia Pacific | Industry

10 Feb 2021 by Summer Wang

China Guangfa Bank has won the Best Distributor, Commercial Bank and the Best Performance, Commercial Bank awards in SRP China Awards 2020.

J.P. Morgan debuts ESG index-linked structures in Asia

International | Products

09 Feb 2021 by Summer Wang

The US bank has issued its first ESG index-linked structured note to a private bank in Hong Kong in January and hedged an investment-linked policy (ILP) linked to the S&P ESG Global Macro Index in the second half of 2020.

MSCI targets China’s smart economy

Asia Pacific | Indices

08 Feb 2021 by Pablo Conde

The index provider is targeting product providers seeking to offer exposure to companies that are at the forefront of the technology and innovation-led economy in China.

Top Japanese distributors recover from sales of structured bonds

Asia Pacific | Industry

04 Feb 2021 by Summer Wang

Mitsubishi UFJ Morgan Stanley Securities and Tokai Tokyo Securities, as two of the most active providers in the country’s structured product market, have benefited from a rebound in sales of structured bonds.

Equity derivatives bolster Nomura’s wholesale income

Asia Pacific | Industry

03 Feb 2021 by Summer Wang

The wholesale business at the Japanese investment bank has posted pre-tax income of JPY76.9 billion (US$730m) in Q3 FY20/21 ended in December 2020, up 17% quarter-on-quarter (QoQ) or 78% year-on-year (YoY), as derivatives drive equities revenues growth.

Ping An Bank structured products offering increases despite deposit curb

Asia Pacific | Industry

02 Feb 2021 by Summer Wang

The Shenzhen-headquartered commercial bank has reported increased revenues from wealth management products (WMPs) despite a fall in structured deposit issuance.