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CEB plans to print more structured notes and may launch inaugural Sofr bond in 2026
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New contracts cannot yet be traded in US
The Americas derivatives community came together in New York to recognise and celebrate outstanding achievements across the industry
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  • Prudential Financial posted USD1 billion in losses in the first quarter after the value of its derivatives declined.
  • Nine out of 10 investors in exchange-traded funds prefer the physically-backed variety to the synthetic, according to Morningstar.
  • RBC Capital Markets has agreed to pay up to USD2.9 million to compensate investors that suffered losses from leveraged and inversed leveraged exchange-traded funds.
  • Société Générale reports that profits in the first quarter dropped 20% to EUR732 million (USD962.5 million) from a year earlier, largely because of a revaluation of its debt and loses from the sale of a corporate loan portfolio, but did get a boost from its fixed-income business.
  • Taiwan’s GreTai Securities Market is said to be looking into establishing a reporting system with the Depository Trust & Clearing Corp. to help it avoid double reporting of over-the-counter derivatives trades by banks.
  • Barings has hired Sean Chang as head of Asian debt.