Norway
European bank sovereign derivatives exposures revealed
Norwegian oil and gas giant Statoil's results are hit by major losses on hedging derivatives in spite of a rise in profits and production
The Nordic countries get lumped together for a variety of reasons – some sound and others less so. They have things in common: lots of coastline, a shared scepticism of the euro and an enduring fondness...
Banks are increasingly using their IT infrastructure to increase their competitive advantage. Learn how this can work in practice.
More Norway articles
Regulators across the globe are intent on forcing over-the-counter derivatives through central clearing. How are supervisors in the Nordic region responding, and could the relative lack of liquidity in domestic markets hamper their efforts? By Christopher...
Solvency II could cause rise in foreign exchange hedging programmes by insurers
Nordic bank DnB Nor will resume distribution of structured products to high-net-worth investors and affluent retail clients in Norway on May 25. The two new products, translated roughly as “Global ‘Trigg’ (safe)” and “Top Norden” (top selected...
Politicians have recently expressed alarm at a cross-currency swap conducted between Greece and Goldman Sachs in 2001, which allowed the sovereign to reduce the debt it reported in its public accounts. But other examples now coming to light show the apparent...
A consortium led by Russian private oil company Lukoil is the latest in a line of energy giants sealing deals in Iraq, in a move set to develop one of the country’s largest oil fields.
The Norwegian government has allocated Nkr3.4 billion (US$600 million) to carbon capture and storage (CCS) technology in its 2010 national budget issued last week. Funding will be allocated to CCS projects at Mongstad and Kårstø in Norway and also...
Norway and Sweden have agreed on a joint green electricity certificates market from January 1, 2012. The scheme promotes green energy by offering producers of electricity from renewable sources a green certificate for every MWh of electricity produced,...
This handy guide reviews the various steps banks are taking to improve their risk management techniques, looking at the benefits and pitfalls of each one.
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