The bank’s revenues were up by 3.2% compared to the first quarter of 2018
The Dutch Authority for the Financial Markets (AFM) has followed the lead of the European Securities and Markets Authority (Esma) by restricting the sale of contracts for difference (CfDs) to retail investors in and from the Netherlands. However, unlike the measures taken by Esma, AFM’s product intervention measures CfDs are permanent.
Nineteen structured products worth an estimated €48m were added to the SRP Ireland database in March, up from eight products with a sales volume of €22m in February. Additionally, 846 products worth approximately €4.9 billion are still live.
Thirty-eight structured products worth an estimated SEK336m (€31m) were added to the SRP Sweden database in March.
A total of 37 retail products worth an estimated £103m were added to the UK database in March, an increase, both in issuance and sales, from the 28 products with a combined volume of £47m that were added the previous month.
Three tranche structured products were added to the SRP Netherlands database in March. There were also five flow certificates and 1,032 leverage products.
Although the first quarter of the year showed a downward trend compared to the last quarter of 2018, the market still showed a rise of 42% in terms of volume compared to the same period last year.
The Dutch multi-issuer services platform for structured products launches a certificate with a twist.
Crédit Agricole corporate & investment banking (Cacib) has strengthened its global markets structuring & product development with three senior appointments.