News
US Wrap: Deutsche offers emerging markets funds play
Deutsche Bank has launched an emerging markets note which links to two exchange-traded funds based on Brazil and China, amid a busy start to the week for the US market. The structure gives investors 100% equally weighted participation in the iShares FTSE…
Point Carbon launches US power trading product
Point Carbon, an energy and environmental market analyst, has launched its first power trading analytics tool for the North American market.
CME to list new EUA and CER contracts
The CME Group will list four new In Delivery Month European Union Allowance (EUA) and Certified Emission Reduction (CER) futures and options contracts as part of its Green Exchange venture.
CDS spreads widen on European and US banks
The cost of credit protection on European and US financials rose in trading today.
Cesr releases consultation on Ucits risk management
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US Wrap: Strong issuance run stalled by Doughnut Friday
Issuance in the US structured products market ground to a halt on Friday - the second blank day in a fortnight. The number of deals has been increasing lately on the back of increased confidence, although providers have still been looking to external…
S&P launches Ucits version of commodities index
Standard & Poor's has launched a new version of its Goldman Sachs Commodity Index (GSCI) which is compliant with the Undertakings for Collective Investments in Transferable Securities European Directive III (Ucits III). The latest index will use caps to…
EEX launches power market transparency platform
The European Energy Exchange (EEX) has created a new transparency platform to publish generation and consumption data to further increase transparency on the wholesale market in conjunction with four Transmission System operators (TSOs) in Germany.
S&P launches a new version of GSCI index
Standard and Poors (S&P) has launched a new version of its GSCI commodity market index.
EEEM sees rising returns thanks to climate change investment
Energy efficiency and energy management (EEEM) received over $184billion of climate change stimulus funds and saw the strongest returns, rising 16% year to date, of the four climate sectors outlined in the latest quarterly review of the HSBC Climate…
CDS spreads widen on US and European financials
The cost of credit protection on US and European financials rose in early trading today.
Cebs advises on options and national discretions in the CRD
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US Wrap: Providers opt for external credit
Providers were looking to independent credit agencies to issue structured products as the US structured products market hit mid-week. Both Goldman Sachs and Morgan Stanley teamed up with Eksportfinans to issue their latest products, which included an…
World Bank: recession will be deeper than expected
The worldwide recession will be far more severe than originally thought, with the global economy set to shrink 3% this year, warned World Bank president Robert Zoellick yesterday.
DOE moves forward on CCS
The US Department of Energy has announced plans to advance the construction of the first commercial scale, fully integrated US carbon capture and sequestration (CCS) project.
Bache Commodities enters carbon trading
Bache Commodities, the London-based arm of financial company Prudential, has today launched a carbon and emissions trading desk.
Trayport to link to Nymex and Comex
Trayport has announced a deal to link its Trading Gateway system to the CME's Globex platform and ClearPort clearing system, providing users with access to Nymex and Comex energy and metals products.
Deutsche hires new equity derivatives head
Deutsche Bank Securities has appointed Dushyant Chadha as head of equity derivatives in North America, within the bank's global markets division.
US Fed's director of banking supervision to retire
Roger Cole, the director of banking supervision and regulation at the Federal Reserve Board of Governors, will retire on August 1 after 30 years at the regulator.
CDS spreads steady on US and European financials
Market sentiment remained steady towards major financials in Asian and European trading today.
Geithner: US Treasury 'will not cap pay'
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Basel Committee extends membership to G-20
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Sifma addresses executive compensation
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Credit crisis did not start until October 2008, Fed research finds
New research from the US Federal Reserve Bank in St Louis, Missouri, has found US banks did not begin to cut credit significantly until the last few months of last year, more than 12 months after the generally recognised start of the financial crisis.