United Kingdom (UK)
Jubilee's flight to quality
Since Jubilee Financial Products launched in 2008, UK plan managers have found themselves in increasingly turbulent waters. Jubilee’s strategy for success in such conditions has been to limit its scope to the high end of the market, using a top brand…
FirstEnergy Capital announces international expansion
FirstEnergy Capital, an energy-focused Canadian investment bank, has opened an office in London, England.
UK FSA promises to take firms to task on Lehman structured products
The UK Financial Services Authority has enough information about the issues relating to Lehman Brothers-backed structured products to "move on", according to a release which quotes Dan Waters, retail policy director at the FSA.
Trade of the month: Secondary trading
The secondary trading of structured products in the UK is limited by low liquidity, which is partly due to bid-offer spreads that are wide enough to deter investors. While most providers of retail structured products in the UK publish prices throughout…