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Investor confidence in renewable energy still strong
Investor confidence in renewable energy companies is still strong despite the credit crunch, according to an online poll conducted by advisory firm Ernst & Young.
Back-up power fails as lights go out at Ice
The IntercontinentalExchange (Ice) is investigating the cause of a “fluke” power outage at one of its data hubs that interrupted commodities trading for three-and-a-half hours yesterday.
TFS Energy completes $50 million weather auction
A $50 million Dutch auction has been completed by interdealer broker TFS Energy’s US weather derivatives division.
Regulatory burden set to increase
Financial institutions hoping for some relief from the myriad of regulations introduced in recent years are set to be disappointed, according to recent research from global advisory firm Deloitte.
Fed expert to speak at OpRisk Asia
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BIS releases FX systemic risk report
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Oil and gas industry costs reach new highs
Costs of constructing new oil and gas upstream and downstream facilities have reached record highs, according to indices compiled by IHS/Cambridge Energy Research Associates (CERA).
Joshi and de Vitry expand their roles at BarCap
Two of Barclays Capital’s most senior staff, Dixit Joshi and Benoit de Vitry, have been promoted to take on wider responsibilities at the bank.
Industry releases draft principles for structured products
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TradeCapture relocates to Houston
TradeCapture, an online software provider for commodity traders, has announced it will be moving its corporate headquarters to Houston , Texas from Stamford Connecticut .
Web malware spreads 35%, says security survey
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GRC is key to post-crunch compliance, says Deloitte report
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HSBC global profits growth undermined by US losses
HSBC has announced a rise in global profits for the first three months of 2008 over the same period in 2007, despite heavy losses at the bank's US arm, where loan impairments and other charges sent pre-tax profits plunging by 39%.
MBIA losses climb to $2.4 billion
Monoline insurer MBIA reported a net loss of $2.4 billion for the first three months of the year today. Over the whole of 2007 it lost $1.9 billion.
Crude nears $126 as speculator debate continues
Crude oil closed at a new record high of $125.96 a barrel on the New York Mercantile Exchange (Nymex) today as market participants moved to rubbish Democratic concerns that speculators were influencing prices.
Rothwell departs JP Morgan
Giles Rothwell has left JP Morgan, where he was global head of structured investments distributor marketing. He has been replaced by Beat von Gunten, previously head of structured products distributor marketing for Europe, the Middle East and Africa at…
UBS makes two hires for metals team
UBS has appointed Paul Wilkes and Clive Stocker to its metals team.
Valet replaces Oudea as CFO at Société Générale
Didier Valet has been promoted to group chief financial officer at Société Générale, succeeding Frédéric Oudea, who became chief executive last month.
Nymex to Launch U.S. Carbon Allowance Contract
The New York Mercantile Exchange (Nymex) will introduce a U.S. Regional Greenhouse Gas Initiative (RGGI) carbon allowance futures contract, in the third quarter of 2008, pending regulatory review.
Moody's COO to retire
Brian Clarkson, president and chief operating officer (COO) of Moody's Investors Service, will retire at the end of July. He will be replaced as COO by Michel Madelain.
UK unprotected by MAD, says CFA Institute
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