Europe News

Spain’s Banco Sabadell ordered to redress investor for ‘unsuitable’ sales

Europe | Regulations & Legal

26 Nov 2018 by SRP News

Section 14 of the Provincial Court of Madrid has declared void a structured deposit sold by Banco Sabadell to retail investors. The ruling confirms a previous decision by the Court no. 51 of Madrid of January 29, 2018, in which the bank was ordered to redress the investor with the capital invested plus any interest accrued over the life of the product.

Market turbulence is shifting attention towards capital preservation, AIS

International | Features

26 Nov 2018 by Pablo Conde

Three years after going live, Geneva-based structured products independent investment boutique, AIS Financial Group, is managing around US$800 million annual issuance volume and is moving to “grow that figure with a number of initiatives”. SRP spoke to Samir Lakkis, founder at AIS about the firm’s products as well as its plans and market outlook.

Commerzbank reports weakened demand for structured products

International | Industry

26 Nov 2018 by SRP News

German bank remains one of the top providers of structured products in Europe in 9M 2018 despite losing its position in the Dax as falling rate expectations lead to price falls in European banks

CAT FP: competition is huge and the service and price differences too

Europe | Features

23 Nov 2018 by Pablo Conde

Following the launch of CAT Financial Products’ (CAT FP) platform for actively-managed certificates (AMCs), SRP caught up with Giuliano Glocker, managing partner at the Swiss broker dealer, to talk about the firm’s plans, the platforms landscape in Switzerland and the market outlook for next year.

Unicredit sees issuance spike in 2018 while sales increase by more than 40%

Europe | Industry

22 Nov 2018 by SRP News

Italian bank reports revenues of just under €15 billion in the first nine months of 2018 while both issuance and sales of structured products show a significant increase from the same period in 2017.

Delta Capita rollsout manufacturing platform for issuers

Europe | Industry

22 Nov 2018 by SRP News

Technology consultant and managed services provider has launched Inspire Direct, a new structured products issuance platform.

Priips /Ucits harmonisation remains a hurdle despite Kid implementation delay

Europe | Regulations & Legal

21 Nov 2018 by Pablo Conde

With the European Commission (EC) indicating its support to the delay in the implementation of Kids for Ucits funds for two years, a number of possibilities open up to harmonise the Ucits framework with Priips and Mifid 2. The Association of Investment Companies (AIC) calls for Kids to be suspended for all investment products.

SRP France: Structured products have a role to play

Europe | Conferences

21 Nov 2018 by SRP News

Following the 1st SRP France Conference, SRP and the AFPDB are delighted to share the first Structured Products Market Performance Review of the French Market and the post-event press release.

Barclays taps Deutsche’s global head of multi-asset solutions

Europe | People

20 Nov 2018 by Pablo Conde

Barclays has hired Deutsche Bank’s global head of multi-asset solutions Gerald Toledano as global head of funds and equity solutions.