Early termination clause allowed Cega to recover $13.6 million in loans to failed trading firm
After some growing pains, the space now offers the type of structures seen in TradFi equities markets
Pressure on Japanese unit sparks revival in power-reverse dual currency notes
Citi is voted best bank in eight categories at the 2019 FX Week Best Bank Awards
The appointments come on the back of other senior hires in the UK bank’s global FX team
Alexandre Dewhurst joined the firm in 2009
Asset manager started offering the class for its global investment funds on March 23
Deutsche Bank wins Best Bank for FX in the Eurozone and Best Bank for FX Structured Products at the 2016 FX Week Best Banks Awards
Wins for spot FX, structured products, the eurozone, EUR/USD and EUR/JPY
ACT Currency Partner continues its expansion with the launch of an FX structured products offering, managed by a veteran of UBS
Increased hedging costs in rates and credit has led some investors towards FX structured products, but some remain concerned that correlation may not hold up
Former managing director of Incapital Europe, James Chu, has joined bespoke financial service provider Reyker Securities to head its latest structured product distribution initiative
Target accrual redemption notes have regained some popularity after losing favour during the crisis, but investors are keeping a firmer eye on the risks, say dealers
Returns on dual-currency and structured deposits will not be covered by state insurance scheme, Japanese FSA decides
Jake Rue, who most recently worked in structured FX sales, has left Nomura in New York
The massive drop in deposits held in domestic banks in Greece is partly attributable to transfers of savings into overseas accounts or securities to mitigate fears of a Greek eurozone exit and a return to the drachma
Institutional investors in Europe favour fixed-income and alternative assets as they continue de-risking their portfolios, with a focus on cost-effective market exposure and downside protection
Macquarie is extending its existing commodity sales and trading platform with the launch of a commodity investor products business, which will be led by ex-Goldman Sachs global head of commodities
Absa Capital has launched five exchange-traded notes, providing investors with exposure to precious metals and currencies.
The German bank will migrate existing clients this month from Click&Trade FX onto its rebranded Commander platform
Continued uncertainty about inflation and deepening concerns over sovereign default risks in Europe are making the commodities increasingly attractive as hedging tools
Senior structurers to switch locations by mid-year as bank merges two business lines
Bank of America Merrill Lynch has launched a new index which measures risks not normally visible in public markets by incorporating assets trading in the over-the-counter market.
Ta Chong Bank in Taipei went live with FinIQ's Liquidity Link system at the end of November, to automate the liquidity-provision process in forex options.