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Structured product platform LAND may be grounded

The private bank which was to have been the pilot buy-side institution for technology consortium LAND, has pulled the plug on the initiative, Asian Private Banker has learnt. Consequently, the project may not go live this year as planned, say insider sources. Leonteq, Avaloq, Numerix and DBS Bank joined hands to form LAND in March 2015, under the name Investment Products Distribution…

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