Morgan Stanley
Morgan Stanley adds SG’s Mehrez to EQD team
Morgan Stanley has continued its recent spate of equity derivatives hires and appointed Selim Mehrez as global head of financial engineering.
Best ETF provider
Structured Products Europe Awards 2010
Low volatility favours accelerated plans
UK investors have recently been offered emerging markets as an underlying, a commodity fund and no capital protection as providers have been able to structure some attractive payoffs
US wrap: Bank of Montreal joins issuance as single emerging markets remain popular
Bank of Montreal has made its first appearance in the FVC listings with a reverse convertible on a financial stock.
Frank joins BNP Wealth Management
BNP Wealth Management hires Frank
US wrap: HSBC focuses on single emerging market exposure
As issuance volumes increase, HSBC products offer access to Chinese and Brazilian equities.
Energy players voice concerns over Dodd-Frank timeline
US market participants say Dodd-Frank reforms should be phased in, foresee uncertainty and potential market disruption post-implementation
Volatility as an asset class is a growing business and Stoxx is latest to launch index
Stoxx has teamed up with Bank of America Merrill Lynch to create an investable volatility index for the European market as investors look for protection against future market crashes
Fears of rising interest rates spurs switch and floored note issuance
As investors seek protection against interest rate rises, Bank of America Merrill Lynch and Morgan Stanley are among the banks responding with rates products offering minimum returns.
US wrap: Royal Bank of Canada dominates with retail-linked reverse convertibles
Reverse convertibles take the lead in US issuance, with most new deals hailing from Royal Bank of Canada
SGX AsiaClear sets sight on becoming Asia's CCP for rates and FX swaps
SGX president Muthukrishnan Ramaswami says the new interbank OTC clearing service for SGD and USD interest rate swaps will target Asian banks as a start, and soon global investment banks that trade with Asian counterparties. Asian local currencies non…
Deutsche hires high yield professionals for European trading business
Deutsche adds two to European high yield team
UK structured products stuck on repeat
An unfavourable pricing environment and investor caution is resulting in a series of familiar structures in the UK market. A few variations in underlying are evident but all come back to income
CIC gets Fed approval for Morgan Stanley stake
The Chinese sovereign wealth fund has committed to the US Federal Reserve that its interest in Morgan Stanley will remain a passive investment and that it has committed to not exert controlling influence over the bank
Market snapshot
The sale of structured products in the US has increased by around 36% in June and July. In the UK, the market in the same two months was characterised by the continuing dominance of capital-at-risk products.
Morgan Stanley is buyer of Natixis CDS portfolio
US bank believed to have purchased bulk of $8.6 billion credit derivatives portfolio.
UK Wrap: The holy grail - income and capital protection
Products are still being influenced by the pricing environment and despite a couple of spicy options most of the products seen this fortnight are safe repeats
Morgan Stanley appoints new European ABS head
Cecile Houlot takes up post after 13 years at JP Morgan.
Bullish credit analysts back cyclicals
Cyclical credits offer good value for those bond investors confident about the state of the economy.