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ABN Amro makes global OTC oil and gas drive...

Dutch bank ABN Amro last month started to offer its clients oil and gas hedgingservices, as part of its financial markets business which incorporates debt capitalmarkets, structured lending and risk management activities.

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Graham Bird, global head of rates markets, says the new capability will allowABN to structure risk mitigation products for clients to hedge the negative impactof volatile commodity prices on earnings. It will also enable the bank to developnew commodity based products for institutional investors looking to diversifyinvestments away from faltering equity and fixed income markets, he says. ABNis

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