• Cap, buffer limit scope of users in CIBC’s $15.14 million notes on Nasdaq
• Citi’s $10 million 15.1% Phoenix autocall on S&P hard to assess given mixed profile
• Citi’s $17.54 million leveraged notes on S&P indexes offer high-correlation worst-of exposure
• GS Finance’s $13.8 million buffered notes offer 3x leverage on global index exposure
• GS Finance’s notes on the S&P 500 Futures 40% VT index combine snowball and fixed rate

• Barclays’ $12.91 million barrier notes on Gold Trust make good use of volatility
• BofA’s $12.38 million catapult on oil & gas ETF designed for bullish or mildly bullish oil bet
• GS Finance’s $32.16 million catapult on software ETF seen as a bounce-back play
• Marex unveils new payoff structure with $1 million notes on Nikkei, Korea ETF and Taiwan ETF
• Morgan Stanley’s $1 million digitals on two ETFs display high dispersion risk

• BMO’s $5.42 million capped leveraged buffered notes on S&P designed for mildly bullish view
• Citi’s $12 million income autocalls on Freeport seen as too volatile due to copper exposure
• Morgan Stanley’s $1.1 million Buffered PLUS on State Street Energy to meet momentum bid on oil
• Volatile underlier in BofA’s $1.63 million catapult on MSCI EM calls for more protection

• BofA’s $3.69 million autocalls on Nasdaq, Russell pay double-digit premium in toppish market
• GS Finance’s $6.5 million autocallable gears on MSCI ACWI ex USA show ‘fair’ risk-return
• Morgan Stanley’s $12.26 million notes on Silver ETF priced at timely entry point, adviser says
• Scotia’s $1.35 million bear notes on Nasdaq have strategy, index right, but terms fall short
• Scotia’s $3.76 million notes tied to EAFE, Stoxx offer uncapped gains, low dispersion risk

• Barclays’ autocallables on Russell, Stoxx pay fair premium for worst of two, advisers say
• BMO’s $1.7 million autocall on uncorrelated underliers means higher yield, sources said
• GS Finance’s $705,000 autocalls on S&P emphasize defense with hefty buffer, index return
• Morgan Stanley’s $3.5 million notes on Gold Miners still alluring despite melt-down, bull says
• RBC’s $7.65 million notes on Euro Stoxx Banks show high cap but insufficient buffer, advisers say

• Advisers question cap versus leverage tradeoff in Barclays’ $1.53 million basket-linked notes
• BNP’s autocallable accrual notes on indexes introduce tax-efficient, hybrid structure
• HSBC’s $1.82 million snowball on S&P, Russell pay fair return for two underliers, advisers say
• JPMorgan’s $1 million digital notes on U.S. indexes offer unusually big buffer for a two year
• JPMorgan’s $2.89 million notes tied to S&P-related underliers still carry divergence risk

• GS Finance’s $4.07 million notes on index, ETF use dispersion risk for shorter term, no cap
• GS Finance’s $8.21 million callables on S&P offer positive upside outcomes despite uncertainty
• UBS’ $2.74 million phoenix autocalls on Wells Fargo show overstretched entry price

• BofA’s $1.76 million snowballs on indexes offer ‘nice way’ to lock in return, adviser says
• GS Finance’s $1.72 million snowball on Coinbase may pay off despite uncertainty, competition
• GS Finance’s $3.3 million notes on Stoxx designed for bulls, but overheated market a risk
• JPMorgan’s $3.98 million catapult on less-common underliers offer 4.1x upside, high premium
• Morgan Stanley’s $4.65 million on gold ETF risky bet, compelling hedge, advisers say

• Advisers would reshape BofA’s $29.14 million gears on gold, silver more defensively
• BMO’s $3.24 million absolute return buffer notes on S&P, Dow appropriate in toppish market
• CIBC’s $11.99 million capped Mitts on global index basket offer FX hedge, bond replacement
• GS Finance’s $1 million autocalls on semiconductor ETF require careful risk assessment

• Outlook 2026: Issuance volume of structured notes expected to continue to rise
• TD Bank’s $1.41 million notes on S&P 500 offer dual directional play, but upside cut short