North America News

HSBC deploys new AWS powered equity play via indexed annuity

North America | Products

21 Apr 2023 by SRP News

The UK bank has expanded its range of indices leveraging AI and machine learning.

GS issuance dives in Q1, revenues dip

International | Industry

20 Apr 2023 by Summer Wang

The US bank has significantly decreased its US issuance in Q1 23 - revenues dropped mainly due to a slowdown in its global banking & markets activity.

Litigation: US class action alleges Barclays misled investors into unregistered ETNs

North America | Regulations & Legal

20 Apr 2023 by SRP News

Customers of the UK bank have filed a class action lawsuit against Barclays Plc in a New York federal court alleging violations of the Securities Act.

Citi reports reduced EQD activity, investment product revenue headwinds

International | Industry

19 Apr 2023 by SRP News

The US investment bank’s markets business encountered its third best quarter in a decade, despite reduced client activity in equity derivatives.

Litigation: NY court dismisses leverage ETN case against Credit Suisse

North America | Regulations & Legal

19 Apr 2023 by SRP News

Claims that the Swiss bank caused retail investors significant losses when it chose to de-list its ETN have been rejected.

Litigation: FIA lawsuit spotlights prop index backtesting flaws

North America | Regulations & Legal

18 Apr 2023 by SRP News

A group of investors say they were misled by a fixed indexed annuity that fell far short of back-testing promises and returned almost nothing.

JPM structured products US market share grows

International | Industry

18 Apr 2023 by SRP News

The US bank has reported record net revenue of US$38.3 billion despite a slowdown in markets revenue in the corporate & investment bank (CIB) for the first quarter of 2023.

Spotlight on top issuers in the US (Q1 2023)

North America | Industry

14 Apr 2023 by SRP news

Citi replaced Goldman as the number one issuer in the US structured products market during Q1 2023.

Digital assets: Gate.io introduces structured product-focused WM suite

International | Products

14 Apr 2023 by Summer Wang

In this week's edition, we look at new launches from Gate.io, Bitfinex Derivatives, Valour and a senior hire at Enhanced Digital Group.