Derivs - Equity

Retail investors in the Hong Kong warrants market are going for h-shares as they chase the more volatile underlyings.

Lehman Brothers last week launched three exchange-traded notes, in spite of an Internal Revenue Service and Treasury review of the notes' tax treatment that has put other firms off the structures.

Merrill Lynch has reorganized a number of its senior Asian equity heads, in what market watchers are calling a major shake up.

U.K. thrift Newcastle Building Society has structured a growth bond referencing the FTSE 100 and Nikkei 225, with returns reflecting the best performing index over five years.

Bear Stearns is planning a U.S. rollout of structures linked to its new index which tracks companies with high dividend payouts.