Energy

A quiet revolution

Governments have traditionally kept their limited use of derivatives close to their chests. But some sovereigns are now broadening their mandates to encompass a wider array of risks and they are increasingly turning to the derivatives markets. By Navroz…

Highlights from the e-symposium

Yesterday’s e-symposium featured presentations from around the world on the state of Basel II implementation and outstanding issues. Following is a synopsis of what our speakers had to say.

US banks hostile to NPR in Fed meetings

Minutes written by Federal Reserve officials and letters written by trade associations highlight the strong differences of opinion over the shape of Basel II implementation in the US - especially over home-host issues.

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