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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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  • The growing number of credit defaults swaps on U.S. municipalities has angered state treasurers, who fear use of the CDS could have a negative impact on them.
  • Cater Allen Private Bank has rolled out its Guaranteed Step-Up Income Plan, a structured product that guaranteed a minimum overall return of 6.75%.
  • Warrant Buffett failed in his effort to have the Senate Agriculture Committee include a provision in its financial reform regulation that would have exempted existing derivatives from proposed collateral requirements—and saved him billions.
  • Paul Au has left as Citgroup’s head of Asia debt syndicate to become head of debt syndication at UBS in June.
  • Elizabeth Hart, a senior structured products saleswoman at London-based structured credit boutique ICP Capital, has joined StormHarbour Partners in a similar role.
  • The fight isn’t over on the U.S. Senate Financial Reform Bill, despite Republicans successfully blocking a vote on bringing the bill, which would bring sweeping restrictions to over-the-counter derivatives, to debate last night. Democrats will force two more votes today and tomorrow.