Fixed income structured products offer sturdy contrast to equity gloom

By Ross Lancaster
28 May 2020

The structured products market may have suffered dramatic blow-ups in the equity market, but investors have supported the less well publicised fixed income corner of the market.

The Covid-19 crisis has not been kind to banks with large equity structured products businesses. The widespread slashing of company dividends has been particularly cruel to Société Générale and BNP Paribas.

But banks with structured products businesses, while not necessarily booming, have enjoyed more robust revenues through the ...

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