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Derivatives

Landesbank Preps Singapore Structured Products Launch

The Singapore branch of Germany's Landesbank Baden-Württemberg is gearing up to market structured products in the coming weeks for it's newly established desk (DW, 4/4).

The Singapore branch of Germany's Landesbank Baden-Württemberg is gearing up to market structured products in the coming weeks for it's newly established desk (DW, 4/4). Frank Tsai, head of structured products in the Lion City, said the firm plans to offer tailor-made cross-asset class structures as well as single-tranche collateralized debt obligations, first-to-default baskets and repackaged notes. It will hire three marketers for the desk in the coming months, along with a quant, an interest rate and a credit structurer.

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