EFG Bank AG new buy-side member of SSPA
The Swiss Structured Products Association (SSPA) welcomes EFG Bank AG to its ranks as an active member and new buy-side representative. With EFG’s membership, the Association continues to extend its buy-side capacities, bringing it to seven members. The SSPA now has a total of 41 members, ranging from issuers, the buy-side to markets and partners.
Zurich, 14 May 2019. Headquartered in Zurich, EFG International – with its Swiss entity EFG Bank AG – is a global private banking group offering private banking and asset management services, including a wide array of structured products. With its extensive expertise and dedicated Investment Solutions and Global Markets functions, EFG International offers its clients tailored financial solutions and direct market access with more than 280 Investment Solutions and more than 70 Global Markets professionals, operating in around 40 locations worldwide.
Maurizio Moranzoni, Head of Global Markets at EFG International, about joining the Association: “At EFG, we strive to provide dedicated solutions for all our clients’ needs. In this context, structured products play an important role in giving us the necessary flexibility to easily adapt them in order to meet specific objectives. They form an integral part of the value-enhancing range of products that we are offering to our clients. Therefore, we are delighted to actively contribute to further developing and shaping this industry in Switzerland.”
Active industry association with 41 members
The SSPA represents the interests of the most important market participants, who represent over 95% of the market volume in structured products in Switzerland. SSPA President Georg von Wattenwyl added: “We are delighted to welcome EFG Bank AG as a new member and thus expand our buy-side capacities through its long-standing and specialised expertise as well as our continuously growing industry representation.”