Energy
The return of Russian crude
Russia has reclaimed its position as the world’s biggest oil producer for the first time in a decade – but uncertainty is still preventing some foreign oil firms from making the investments the country needs to fulfil its potential. Kevin Foster reports
Seeking a boost for crude
Venezuela’s internal conflict and the intended removal of Saddam Hussein from Iraq have meant both countries are seeking deals with international investors to boost oil production. But are the potential legal problems worth the trouble? By Maria Kielmas
What everybody ought to know about this credit business
CDS guide: introduction
CDSs as building blocks
CDS guide: new structures
The size of the CDS market
CDS guide: CDS growth
Laying down the ground rules
CDS guide: documentation
Extending credit
Exchange-traded funds
For love nor money
Salaries
SMBC and UFJ issue synthetic CLOs
New angles
HVB manages Asian hybrid CDO
New angles
BOK approves first hybrid CLN
New angles
WBOT blows off course
New angles
Turning up the heat
Japanese banks
Taiwan ABS market off to a quick start
New angles
A disaster waiting to happen
Despite the threat of increased terrorist attacks and war with Iraq, financial institutions are still struggling to find the funds to invest in appropriate business continuity plans.
Basel's CDO solution
As the Basel Committee on Banking Supervision continues its stately progress towards a revised capital Accord, one area remains under debate: the proposed capital rules for asset securitisations.
Tailoring internal models
Swiss Re's Pablo Koch Medina, Frank Krieter and Stephan Schreckenberg highlight the key features and main limitations of internal risk models for insurers.
ECB highlights dangers of over-concentrated market
FRANKFURT — Market consolidation and a reliance on electronic trading could lead to an over-concentration of risk and liquidity among too few market participants, the European Central Bank has warned.
ECB highlights dangers of over-concentrated FX market
Market consolidation and a reliance on electronic trading in the foreign exchange markets could lead to an over-concentration of risk and liquidity among too few market participants, the European Central Bank has warned.
NY Fed’s Rutledge outlines US plans, IRB goals
William Rutledge, executive vice-president of the New York Federal Reserve Bank, outlined the next steps US regulators will take to implement the Basel Accords in the US.
Enron charged with gas and broadband manipulation
The US Commodity Futures Trading Commission (CFTC) yesterday finally charged bankrupt energy trader Enron and a former company vice-president with manipulating natural gas prices. Also yesterday, federal authorities arrested on fraud charges two Enron…
Tailoring internal models
Risk models
Reliant bows out of energy trading
Houston-based Reliant Energy has exited the energy derivatives trading market as a result of an $80 million trading loss it suffered at the end of February.