Fed Cut Hits Structured Equity Flow

25 Jan 2008

The Federal Reserve's 75-basis-point rate cut Tuesday and volatile equity markets are expected to lead some firms to withdraw equity structures that are due to close at the end of the month.

The Federal Reserve's 75-basis-point rate cut Tuesday and volatile equity markets are expected to lead some firms to withdraw equity structures that are due to close at the end of the month. At least one structure, a certificate of deposit marketed by HSBC, has already been pulled from ...

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