North America News

Canada: RBC, BMO, NBC report sustained structured products activity

North America | Products

05 Mar 2024 by Summer Wang

SRP looks at the earning results and structured products activity of three major Canadian banks for the quarter ended 31 January.

StructrPro: highest returns in US come from long-dated products

North America | Products

28 Feb 2024 by Suzi Hampson - FVC

We look at trends in product maturities in the US market using data from StructrPro.

Barclays’ structured notes over-issuance reverberates

North America | Regulations & Legal

27 Feb 2024 by SRP News

The UK bank must face a lawsuit brought by US shareholders over the US$17.7 billion structured note blunder.

NewEdge revisits SMA underlying portfolio as Russell 2000 goes up

North America | Products

26 Feb 2024 by Summer Wang

The US independent financial advisor with US$8.6 billion AuM has re-launched its structured note income portfolio (SNIP) to capitalise on the Russell 2000 rally through a separately managed account (SMA).

Indexed annuities: solid activity despite weak Q423

North America | Products

22 Feb 2024 by Summer Wang

FIA and Rila activities remained consistent at some of the largest insurers in 2023, although many lost steam in a challenging fourth quarter.

Barclays US average ticket boosted by jumbo deal, profit down by 15%

International | Industry

21 Feb 2024 by Summer Wang

The UK bank saw its sales of SEC-registered structured notes rebound in 2023 following a significant slowdown in activity in the previous year.

TIS: 75% of FIA indices deliver positive returns

North America | Industry

20 Feb 2024 by Summer Wang

In 2023, 168 of the 225 indices tracked by The Index Standard (TIS) posted a positive return, adding to the momentum for fixed index annuities (FIAs).

Credit Suisse dodges ETN lawsuit

North America | Regulations & Legal

15 Feb 2024 by SRP News

The Second Circuit Court of Appeals of the US has dismissed a class action lawsuit brought by retail investors over the delisting of a Credit Suisse exchange-traded note (ETN).

BofA indices gain traction with new Rila player

North America | Indices

14 Feb 2024 by Summer Wang

F&G Annuities & Life has entered the US registered index-linked annuity (Rila) market with three indices developed by BofA Securities.