Banking Stocks Underpin Reverse Convertible Note
Bath, U.K.-based financial adviser Chartwell Group is marketing a high-return reverse convertible note which references five banking stocks.
Bath, U.K.-based financial adviser Chartwell Group is marketing a high-return reverse convertible note which references five banking stocks.
The stocks--HSBC, HBOS, Barclays, The Royal Bank of Scotland and Lloyds TSB--are packaged in a portfolio referenced by the issue, dubbed the Protected Income Plan. It can be wrapped in
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