The French bank is seeking to consolidate the equity derivatives gains made in Europe in 2019 and ‘continue the transformation of the business around evolving client needs’ and maximise ‘the benefit of close coordination between every part’ of its equity derivatives franchise.
The market outlook for structured products in Sweden is positive as “fear-ridden markets always present opportunities” and derivatives can offer “something useful at every turn," according to Garantum's Axelsson.
The group posted its best net income of the past 11 years in 2019 while sales of structured products increased by more than 40% compared to 2018.
The Italian global banking and financial group has increased its footprint across Eastern European markets as it continues to build up its offering in the region.
Turnover of structured products on the primary market increased by 70% in Q4 2019 as retail investors tailor their exposure to products they ‘trust’.
Spain’s BBVA Group has reported a Q4 2019 net interest income of €4.72 billion, up from its Q4 2018 figure of €4.69 billion while its overall net interest income (NII) for 2019 stands at €18.20billion, a 3.5% jump from the previous year.
Dutch market participants give their view on the state of the structured products market in the Netherlands as private placements and funds drive new activity.
Gentwo and Cardano have reached a cooperation agreement aimed at creating the basic infrastructure, based entirely on Cardano, to launch new financial products.
Some 83 structured products with combined sales of €20m had strike dates during the first month of 2020.