Duelling with deposits



The Spanish structured products market has had a rough ride since the first quarter of 2008, as investment banks continue to battle with deposits offering attractive rates amid the bearish market environment. With some deposits yielding 5% a year, structured products are struggling to challenge these competitive rates while still providing capital protection.

Nonetheless, volatility is at its highest level in recent history in Spain, and as a result structured products represent a good alternativ

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