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The wholesale UK power market has struggled to attract liquidity from financial players. The Futures and Options Association's initiative to restructure the market is intended to solve these problems, but some established market players say they have…
Pension funds treble use of derivatives, according to Mercer survey
The number of pension schemes using derivatives to hedge their inflation and interest-rate risks in connection with liability-driven investment strategies has trebled over the last year, according to a survey by Mercer Human Resource Consulting (MHRC)…
UK banks are settling cases out of court
LOSSES & LAWSUITS
Moody's sued over inaccurate subprime-backed bond ratings
LOSSES & LAWSUITS
FSA begins action against irresponsible mortgage lenders
LOSSES & LAWSUITS
PNC to acquire loan-fraud-stricken Sterling Financial
LOSSES & LAWSUITS
SEC investigates dow jones/bank of east asia board member
LOSSES & LAWSUITS
Korean banks to cut ATM limits to fight phishing scams
LOSSES & LAWSUITS
Merrill Lynch introduces energy efficiency index
Investment bank Merrill Lynch has introduced a new index, comprised of 40 companies from industry sectors that may benefit from the global drive to improve energy efficiency, reduce carbon emissions and the cost of energy.
First oil futures curve ETFs to list on LSE
Within the next two weeks The London Stock Exchange (LSE) is expected to list the first exchange-traded funds (ETFs) exposed to parts of the oil futures curve.
Dresdner makes hires in rates flow trading
Dresdner Kleinwort has added a number of staff in rates flow trading, including a new head of interest rates flow trading.