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Old Mutual International Files Claims Against Leonteq for Structured Product Transactions

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Old Mutual International Files Claims Against Leonteq for Structured Product Transactions

Leonteq has received an informal notice from Old Mutual International for a claim against structured product transactions, including related fees & commissions. The filing of the claim is the first step towards commencing court proceedings in the Isle of Man.

” Leonteq fully rejects the claims by Old Mutual International, and will defend its position “

Leonteq fully rejects the claims by Old Mutual International, and will defend its position.  Leonteq is an independent technology and service provider for investment solutions.  It is a direct issuer of structured investment products and a guarantor for clients such as buyers of structured products.  It is founded in 2007, headquartered in Zurich and is listed on the SIX Swiss Exchange.

Old Mutual International is the international arm of Old Mutual Wealth, which oversees Old Mutual Wealth oversees £114.4 billion  in customer investments (as at 31st December 2017).

Source: Leonteq

 





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