News
Questions raised about CCP collateral
Bank collateral managers raise concern about wrong-way risk in clearing house collateral
Governors gloomy on outlook for pan-African currency
South African, Nigerian and Ghanaian central bank governors say path to regional and continent-wide single currency littered with obstacles; single currency will not correct underlying problems
Aon takes a measured approach to GRC implementation
Aon Corporation, a global provider of risk management services, insurance and reinsurance brokerage, has opted for a more measured approach to adopting a GRC platform by starting with an upgrade of its existing Sarbanes-Oxley (Sox) compliance system and…
China homes in on shale gas
China hopes to replicate the United States’ success in exploring and producing shale gas as the country looks to tap into new energy resources
Netherlands’ Wellink survives resignation calls
Calls for Netherlands Bank governor to quit followed damning report into the central bank’s handling of failure of DSB
Incapital acquires Blue Sky Asset Management
US investment bank and structured products specialist Incapital will takeover UK distributor Blue Sky Asset Management. Blue Sky's book of plans will be subsumed into Incapital Europe
Swiss structured products and ETF volumes see sharp decline in June
Trading and turnover volumes in the Swiss structured products and ETF markets fall in June after seeing gains during the start of the year
S&P launches quality ranking indexes and licenses to PowerShares
Standard and Poor's has extended its index range to include quality rankings indexes, one of which has been licensed to Invesco PowerShares, and has added sector indexes in its CDS Index family
Daiwa snaps up KBC's Asian equity derivatives and global converts business
Acquisition of warrants and ETF businesses is viewed as fast-tracking Daiwa's expansion in equity derivatives in Asia
FTSE strengthens global business with executive hires
FTSE Group has added to its London office with the recruitment of five senior executives
Contract standardisation could create risk say experts
Instead of making things easier and reducing risk, standardisation of energy and commodities' contracts could increase risk
Isda in sweeping commodity definitions overhaul - Exclusive
The International Swaps and Derivatives Association is carrying out its biggest overhaul for years of commodity definitions, which will include new products to reflect market developments
Credit Suisse bolsters ETF team in Germany and Austria
Credit Suisse has continued the recruitment to its ETF team with the appointment of Levente Kulcsar and Annabelle Wegner in Germany and Austria
Commodity markets face hedging activity boost
With commodity market conditions seemingly ripe for consumer hedging, Lianna Brinded looks at whether there has been a recent uptick in consumer hedging activity
Energy sector’s retirement timebomb poses major op risk
Up to 80% of the world’s current energy and commodities workforce are set to retire within 15 years according to recent data. Lianna Brinded investigates the operational risk implications
Gap between PR on safety & reality hit BP
BP has been accused of negligence and arrogance following the Deepwater Horizon disaster. Alex Davis examines the central role energy sector reputational risk management must now play
Trading positions – July 2010
Energy Risk catches up with the latest appointments, promotions and departures in global commodity markets
Knock-on effects of US drilling ban could be long-lasting
What longer-term implications could the moratorium on new drilling in the Gulf of Mexico have on production costs and supply amid uncertainty over new regulations asks Pauline McCallion
Dodd-Frank margin intent delivers end-users a blow, despite reprieve
Senator's letter fails to assuage end-user concerns over non-cleared swaps
Call for FSA to cut back on consultation documents
UK MP Jonathan Evans asks for a fresh, "simplified" approach on consultation, and fairer implementation of EU directives
DTCC acquisition of Avox to result in ‘wider range of ref data’
DTCC has acquired Avox in a move set to result in a broad reference data platform
State Street names new head of risk
Oliver Wyman's former partner moves to Boston-based firm