Environment-Renewables
Allegheny sells $405m of energy supply contract to Goldman Sachs
Allegheny Energy yesterday took a step towards reducing its exposure to energy trading by selling an energy supply contract to a subsidiary of Goldman Sachs for $405 million.
Accord preparations: the rest is yet to come
While the debates have raged for months about many aspects of the proposed Basel II Accord, on some points there has been relative silence, in particular with regard to the seeming overreliance on statistical techniques.
Corporate Governance Survey 2003, Part 2 >>Corporate governance disclosure: banks focus on bolstering infrastructure
In the second part of Operational Risk's review of 15 bank annual reports for 2002, the editors look at how firms have chosen to address the hot button issues of corporate governance, reputational risk and legal risk. Again, practices vary widely among…
Sponsor's article > The point of op risk
The inclusion of an explicit operational risk component in the proposed Basel II Capital Accord has caused widespread controversy. Much of this has surrounded the feasibility of accurately measuring, or even defining, such risk. In this first of three…
City of Los Angeles files lawsuit against Reliant
The City of Los Angeles has filed a $218 million lawsuit against Houston-based Reliant Energy and its successor companies, alleging breach of contract and conspiracy to drive up the price of natural gas.
All in Accord
South Africa's banks are taking Basel II seriously. Clive Davidson discovers what they are doing to prepare for its implementation, and how they are meeting the many challenges of the new capital accord.
Veolia Environnement’s risk revolution
Profile: Veolia
Sector roundup
sectors
Drawing the short straw
Northumbrian Water and Midlands Electricity
Corporate governance disclosure: banks focus on bolstering infrastructure
Corporate governance survey 2003 – part II
The point of op risk
Risk analysis
Long hot summer for exposed corporates
Corporate risk disclosure
Wrestling With Two Kinds of Growth
Storage needs were already estimated to be growing 50 percent a year. Now, add industry regulations, and firms are looking to get creative with storage technology.
Sending Stock Certificates to the Shredder
Increasing shareholder acceptance of electronic proof of ownership is giving a big push to efforts to dematerialize physical stock certificates.
Catching the Basel 'tail wind'
Christian Jimenez, chief risk officer at Eulia, has used momentum from regulatory change to overhaul antiquated risk management policies.
Corporate Governance Survey 2003, Part 1 >> Op risk disclosure: a long road ahead
Although most banks now have a separate section on operational risk in their annual reports, disclosure levels vary considerably. Here, Operational Risk's editorial staff review 15 bank annual reports to uncover reporting and management practices in 2002
A new direction
Taiwan
Hancock calls for more enterprise-wide risk management
Peter Hancock, the former chief financial officer and head of risk management at JP Morgan, who now runs financial boutique Integrated Finance, believes risk managers should spend more time developing enterprise-wide risk systems that can help top…
Weather derivatives notional volumes fall by $100 million
The Weather Risk Management Association (WRMA), the international trade organisation of the weather derivatives industry, yesterday said that the notional value of weather derivatives contracts fell by $100 million from last year’s figures.
Speed The Recovery
Half of the time it now takes for Evergreen Investments to restore its data in its offsite data center is spent driving to the disaster recovery site.
All in Accord
Basel II
Scenario-based AMA
Asset management