Most of the major banks have significant structured product and derivative desks too.
We intend to target suitable structured product investors who have previously participated in ACA-managed cashflow CDO transactions or who have previously participated in prior ABACUS transactions.
Principal protected notes are one common type of structured product.
As a small measure of justice, investors have won virtually all of the arbitration cases filed against UBS and have recovered most of their Lehman Structured Product Note losses.
The case announced Friday, which appeared to have blindsided Goldman, is the first such case brought by a new investigative team within the SEC that is looking at the structured product market.
At least the Bear Stearns executives stand a chance of providing a distraction from the issues at Goldman, which has been accused of fraud by the Securities and Exchange Commission for its disclosures involving a structured product it packaged and sold in 2007.
Goldman Sachs broker Fabrice Tourre, the person responsible for cobbling together the structured product deal that has landed the bank in hot water with the Securities and Exchange Commission, gossips about the Paulson short in an email exchange with colleagues in January 2007.
FORBES: Paulson Saw Trading Risk At Goldman, Other Brokers in 2007
Since February 2007, 69 securities class action lawsuits have been filed related to the subprime meltdown, including 11 brought by investors in auction-rate securities, two by investors in bond funds that had losses, and two against investment banks for their hand in creating the structured product market.
The banks fear that stand-alone structured-product insurers, cut off from the municipal bit, could not pay all of their claims.
Perhaps the most dangerous structured finance product of the last decade, collateralized debt and collateralized loan obligations are making a comeback.
Banca Monte dei Paschi di Siena's shares tumbled further amid fears that years-old structured-product contracts could leave the bank with larger losses than expected for 2012.
Compare a contractum trinius to a murabaha contract, a structured financial product offered by Islamic banks as a way around the Koran's proscription of riba, or usury.
In other words, innovation is less a product of structured processes and more a result of informal conversations.
As part of the transaction, Julius Baer and BofAML have agreed to enter into a cooperation agreement whereby BofAML will provide certain products and services to Julius Baer, including the provision of global equity research, product offerings, as well as structured and advisory products.
Not surprising, given the complexity of these products coupled with the less than impressive skill-set of your average broker, regulators have found that brokers peddling structured notes generally lack knowledge of the risks of the product themselves.
Pittman hopes to sell product licenses to companies and institutions that need help mapping their mountains of structured data, such as an Oracle (nasdaq: ORCL - news - people ) database, as well as unstructured data such as e-mail and instant messages.
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