The European Banking Authority (EBA) has released the first of three opinions on the implementation of the Deposit Guarantee Schemes Directive (DGSD).
Twenty-one structured products from eight different providers were added to the SRP Belgium database in July.
ABN Amro started the preparations for the introduction of €Str while ING Group’s commitment to sustainable and green financing achieved ‘good’ commercial results in the second quarter of 2019.
The French bank targets a market with over 70 private banks and more than 500 asset managers
The bank’s revenues were stable versus a record 2Q2018 with growth from investment banking and the Green & Sustainable Hub. However, issuance and sales of structured products were down 54% and 63%, respectively, according to SRP data.
iMapsCapital Markets has launched a private label platform for packaged retail investment products (Priips) aimed at asset managers and private banks.
The French bank has reported growth in the three operating divisions as it moves to acquire Deutsche Bank’s prime brokerage and electronic execution services.
The German market for structured products accumulated nearly €900 million of capital in July primarily via the equity asset class, which accounted for 90% of the month’s sales volume.
The French bank implemented the first transfer of structured derivative positions and front office staff following the acquisition of Commerzbank’s equity derivatives business.