News
Deal could trigger downgrade for E.ON US and subsidiaries
German power and gas company E.ON's decision to sell its US subsidiary to PPL Corporation for $7.625 billion has resulted in a ratings review and possible downgrade for E.ON US.
Banks call for Basel III rewrite as QIS exercise ends
The industry hopes the impact study will lead to a rewrite of proposed new rules on capital, liquidity and leverage.
TriOptima releases first rates repository figures
The TriOptima-run interest rate derivatives trade repository has registered $448 trillion notional in transactions, as of the end of March.
First US offshore wind farm approved
The first US offshore wind farm has been approved by the US government in an area of the Outer Continental Shelf, with the potential to eventually provide 1 million megawatts of offshore energy.
US financial reform to be debated after Republicans cave in
After three attempts to block debate on financial reform, Senate Republicans gave in last night and agreed to let the bill through.
ECB decision could be critical in Greek debt crisis
If Greek debt is downgraded again, much will depend on whether the ECB decides to keep accepting it as collateral.
