Luzerner Kantonalbank AG will use Numerix’s analytics to price structured notes in real-time, and to distribute tradeable bid/offer prices.
Banco BPM has rekindled the flame on the Eurostoxx Oil & Gas index, which entered the country’s top 10 underlying ranking by sales at the end of the summer.
Euronext has been active in the index space for more than 30 years. The company has designed, calculated and published over 400 indices, including five national indices in Europe: AEX, Bel 20, Cac 40, Iseq 20, and PSI20.
The French bank saw its revenues increase in the third quarter of 2019 with growth in investment banking, insurance and payments. Issuance and sales of structured products, however, were down 46% and 40%, respectively, despite a number of successful ‘green’ campaigns in Belgium and France.
The French bank reported ‘increased’ volumes of structured products issuances in the third quarter despite a ‘lacklustre’ market while revenues were up in the three operating divisions thanks to business growth, according to Jean-Laurent Bonnafé (pictured), chief executive officer.
The Norwegian market slowed down in the third quarter as rollover opportunities were limited due to autocallables delaying to cash out.
Twenty-two structured products were added to the SRP Belgium database in September.
Major parts of the markets and commodities division sold to Société Générale have been transferred but the transaction is not expected to be completed before 2021.
Xavier Bosco, UK head of institutional sales - equity investment solutions at Crédit Agricole Corporate and Investment Bank (CACIB) in London, has parted ways with the French bank.