The US Federal Reserve has moved to tighten the rules on physical commodity trading by banks, citing fears they might suffer huge losses as a result of an environmental disaster. How valid are such concerns and what steps is the Fed likely to take? Alexander...
Losses manageable now but if the Nikkei goes under 13,000, "there will be panic"
Goldman names new commodities heads; BAML exits European power and gas; GDF Suez promotes Moorooven; Newedge names commodity heads; JP Morgan hires EDF power trader
The UK bank wins for the growing ambition of its OTC capabilities, as Risk publishes its fifteenth annual awards
Interest rate derivatives house of the year: Goldman Sachs
Goldman's Shenouda and O'Hagan retire; BNP Paribas takes Flax; ABN Amro appoints global head of energy; Hederman joins DoE; JP Morgan lures origination head
Plain sailing for Barclays in Italy
Recent calls for kill switches may be misguided
Asia Risk awards 2013 winner: Goldman Sachs – Derivatives House of the Year, Japan
Recent glitches highlight aggressive culture on Wall Street
Despite the agitation over their role, there are valid reasons why banks are involved in physical commodities
Amid a review of a 2003 determination by the Federal Reserve, the involvement of US banks in physical commodities has come under fire from regulators, politicians and the media. Could they really be forced to exit physical trading? Alexander Osipovich...
Physical trading by banks said to inflate commodity prices, increase systemic risk and threaten shortage of beer cans
Lack of consistency in dealer practices means many insurance firms are sticking with Libor discounting for now
Returns for hedging via long-term cross-currency swaps are attractive, but few are able to do so because of the lack of credit support annexes in place
The Wild West
Goldman and the OIS gold rush
Inverted yield curve provides rich pickings for investors
Firms are among seven banks that will be subject to section 716 of the Dodd-Frank Act unless Federal Reserve gives relief
US distributor of the year: Incapital
Defining reputational risk still a challenge for risk managers, panel says
The rally in equity markets is shifting demand to principal-at-risk structured products, say US banks