News
Gulf of Mexico oil spill to delay BP drilling projects
BP’s Gulf of Mexico oil spill could lead to production delays throughout the industry while safety regulation tightens up.
Credit spreads widen on Greece concerns
The positive sentiment caused by good Q1 results has faded as sovereign woes and the Goldman Sachs lawsuit weighed heavily on credit investors.
Greece faces legal problems in exiting Eurozone
If the €110 billion International Monetary Fund-Eurozone bailout fails and Greece is forced to dump the euro, legal experts say there would be no easy way out of its euro-denominated debts.
Data management key to understanding systemic risk, says expert
Systemic risk management will require enterprise-wide information gathering
Bankers question Wellink’s claim on Basel III economic impact
Bankers question how the committee chairman can accurately estimate the impact of Basel reforms.
Sovereign CDSs balloon as equity markets crash
CDS spreads on vulnerable eurozone countries widened dramatically today as stock markets crashed over uncertainty surrounding the Greek bailout.
Green Exchange’s London launch brings Nymex carbon products to Europe
The New York Mercantile Exchange's (Nymex) environmental products trading platform, the Green Exchange, has announced the opening of a London office, in an attempt to penetrate the European carbon space. Green Exchange International intends to list…
Basel Committee’s Walter: Basel III on track
A package of reforms to the Basel II capital framework will be calibrated by year-end as planned, says secretary-general.
Carbon market welcomes ICE purchase of CCX
The Intercontinental Exchange (ICE) has announced the £395m acquisition of The Climate Exchange. The two entities have been partners since 2003.