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Infrastructure

LCH wins LSE clearing contract

The London Stock Exchange (LSE) has signed a new clearing services agreement with the London Clearing House (LCH), bringing to an end a period of intense competition with Eurex for the contract.

Despite concerns, banks act on Basel II

Jörg Behrens and Peter Davis of the Ernst & Young Global Financial Services Risk Management Practice, present the results of a global survey of financial services managers'opinions about the future of the Basel II process and its effects on their…

Clemmons quits XL Weather; resigns WRMA presidency

Lynda Clemmons, president and chief operating officer of Connecticut-based XL Weather & Energy, has left the weather risk and energy trading company. XL officials said Clemmons did not renew her employment contract and that they do not know her future…

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