Foreign exchange
Fed ramps up bank support to $75 billion
The US Federal Reserve has increased the scale of its Term Auction Facility (TAF), intended to provide extra liquidity in the securities market, and has relaxed its criteria for collateral in another support, the Term Securities Lending Facility (TSLF).
Crude posts new high as analysts eye $200/bbl
Crude oil closed at a new record high of $121.84 a barrel on the New York Mercantile Exchange (Nymex).
New governor overhauls South Korea's financial watchdog
Daily news headlines
Deutsche Bank issues four commodity ETNs
Deutsche Bank has launched four exchange traded notes (ETNs) linked to the Deutsche Bank Liquid Commodity index and the Deutsche Bank Commodity Index-Optimum Yield, offering long, short and leveraged exposure to commodities.
Meteor launches protected equity fund
Meteor Asset Management has launched a new capital protected Ucits III fund. The fund provides exposure to FTSE 100 index volatility, with downside protection of 10%.
Banks under pressure to change incentives
Banks are coming under increasing pressure from regulators, politicians and bank shareholders to review their pay and bonus structures to ensure traders are not incentivised to take excessive risks.
Moody's names Polanski to oversee troubled structured finance business
Moody's Investors Service has named Jonathan Polansky as its first global structured finance surveillance co-ordinator.
Regulators push for operations changes
The derivatives industry faces regulatory demands to improve operations issues. In recent weeks, both the President’s Working Group on Financial Markets (PWG) and the Financial Stability Forum (FSF) have pushed dealers to enhance the infrastructure for…
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Carrying on
Hedge Funds
A new generation of risk
The UK government recently committed to a new generation of nuclear power stations - the first in the UK for 13 years - funded by the private sector. Roderick Bruce examines the financial and regulatory risks facing potential stakeholders
Automating energy markets
Automation in physical energy markets - far behind that of financial markets - is now within striking distance, writes James Caffrey, VP Strategic Consulting, TradeCapture
Brenda Boultwood
Brenda Boultwood, Constellation Energy's chief risk officer, talks to Roderick Bruce about doing anything you set your mind to
Joining forces
After several false starts the Iberian electricity market, Mibel, finally launched last year, linking the power markets of Spain and Portugal. Andrew Holt looks at what changes it has brought about
Building for the future
As US electric utility companies strive to meet soaring power demand, they are also coming under increasing pressure to lower carbon emissions. Richard McMahon of the Edison Electric Institute looks at how firms plan to meet these two potentially…
A man with a mission
The future of Russian energy under president-elect Dmitri Medvedev largely depends upon his ability to navigate the country's Byzantine political climate, writes Robert Amsterdam
Rising suns
Asia's rapidly growing and energy-intensive economies are driving a global nuclear renaissance, writes Lauren Hilgers
Unclear for US nuclear
Uncertainty surrounding the US government's role in project finance for new nuclear generation is threatening to hold back the renaissance. David Watkins reports
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