Asia Pacific News

Hang Seng Bank’s 1H structured products income rises amid falling net profit

Asia Pacific | Products

17 Aug 2021 by Summer Wang

Structured product income from wealth management at Hang Seng Bank has increased 10.6% to HK$241m (US$31m) in the first half of 2021 ended in June year-on-year (YoY).

SGX: equity derivatives revenue falls 20% in FY21

Asia Pacific | Products

16 Aug 2021 by Summer Wang

Equity derivatives revenue at Singapore Exchange (SGX) dropped 20% year-on-year (YoY) to SG$288.4m (US$212.7m) in FY21, the exchange said this month.

HKEX: new listings of structured products reach record high in 1H 21

Asia Pacific | Industry

13 Aug 2021 by Summer Wang

The Hong Kong Stock Exchange (HKEX)’s equity and financial derivatives segment delivered a three percent increase of revenue at HK$1.73 billion (US$222.3m) year-on-year (YoY) led by new listings of structured products.

UBS Apac GM structuring head walks out amid reorganisation

Asia Pacific | People

11 Aug 2021 by Summer Wang

Felix Maratier has parted ways with UBS where he was head of Apac global markets structuring based in Hong Kong SAR, SRP confirmed.

HSBC rolls out ESG security basket-linked notes

International | Products

10 Aug 2021 by Summer Wang

The UK bank has launched structured notes that offer exposure to multiple baskets of securities with scores in the top 50% by Sustainalytics ESG Risk Ratings in their respective industries.

South Korea Market Review, June 2021: ELS H1 sales rebound

Asia Pacific | Market Reviews

06 Aug 2021 by Lachezara Tsenova

There were 1,124 products issued in the retail segment in June, up approximately 41% compared to May.

Nomura IWM expands structured products reach

International | People

05 Aug 2021 by Summer Wang

The Japanese bank’s newly launched International Wealth Management (IWM) division has hired 25 private bankers and investment advisors during the past half year, as it plans to increase current assets under management threefold in the medium term.

Hong Kong regulator fines UBS for structured notes mis-selling

Asia Pacific | Regulations & Legal

03 Aug 2021 by Summer Wang

The Securities and Futures Commission (SFC) has fined UBS AG and UBS Securities Asia HK$9.8m (US$1.3m) and HK$1.75m, respectively, over various regulatory breaches including the mis-selling of 12 structured notes to 15 clients.

Nomura: wholesale dragged down by Archegos, IWM unit goes live

International | Industry

02 Aug 2021 by Summer Wang

The Japanese bank’s wholesale pre-tax income took a loss of JPY28.4 billion in Q1 FY21/22 ended in June, because of additional Archegos-related blow at JPY65.4 billion.