Following the battering of Asian financial markets in August, heads of structured products at private banks are seeing a return of yield-enhancing coupons in demand. “Clients are tempted to leverage the high volatility through high yield products such as fixed coupon notes (FCNs) and autocallables where there is a short put option,” says one Singapore-based structured product head of tailor-made…
Have a confidential tip? Get in touch [email protected]