Environment-Renewables
Cleaning up their act
Landesbanks
Insurance sub debt A sound policy
credit of the month
Balancing currency and credit risk
Contingency swaps
German banks get to grips with a new lending reality
Removal of state guarantees and pressure from shareholders for better returns means German banks can no longer churn out uneconomically priced loans to clients. Now they are starting to introduce sophisticated loan pricing systems, writes Duncan Wood
Citibank cut out
The suspension of Citibank’s private banking business by the Financial Services Agency in September has brought to light a catalogue of internal control and governance failures within the bank’s Japanese operations. And with Citi now cut out of the…
Risk Management Inc signs four utility clients
Risk Management Inc (RMI), a Chicago-based energy consultancy and brokerage, has signed up four new utility customers for its energy risk management and hedging services. The City of Glendale Water & Power and Pasadena Water & Power, both in California,…
Dutch-Norwegian power transmission link may spur electricity trading
A newly agreed Norway-Netherlands electricity transmission link will lead to power trading between the two countries, said Swiss power and automation technology group ABB. The link will also increase the reliability of electricity supply, said the…
Bridging the gas gap
Emission trading
A new breed of bond
Emissions trading
James Cameron
Emissions trading
German banks get to grips with a new lending reality
Loan pricing systems
Post-Citibank repercussions
Compliance
Goldman Sachs Asset Management
Profile
Energy swaps
Natural gas
Wolfgang Schollnberger
Natural gas
Caring competition
What are the theoretical consequences of restructuring electricity markets on emissions? Here, Benoît Sévi shows that changes in supply and consumption and restructuring for competition has environmental effects, and argues that strong public policies…
Lance Uggla
Profile
London to be world carbon market centre
The UK’s early move into carbon emissions trading means London is now well placed to become a world centre for the emerging carbon market, UK Environment Minister Elliot Morley said Wednesday.
Saudi to up oil output to 12.5 million b/d
Saudi Arabia’s total oil production capacity is now at 11 million barrels a day (b/d) and plans are in place to increase it to 12.5 million b/d, Saudi Arabia’s Minister of Petroleum and Mineral Resources, Mr Ali Al-Naimi, said Monday.
Goldman Sachs Looks Ahead
As global head of technology and operations for Goldman Sachs, Randy Cowen reveals his thoughts on next year's IT budget, hiring versus outsourcing, today's uncertain future, and what keeps him awake at night.
European emissions trading on track
The EU emissions trading scheme is on track to start in January 2005, with the European Commission having approved 16 out of 25 of the EU member National Allocation Plans that lie at the heart of the scheme, said Peter Vis, acting head of the Industrial…
EEX to launch spot carbon contract
German-based electronic exchange European Energy Exchange (EEX) is to launch a spot contract to trade EU carbon emissions allowances in January 2005.
Static emissions price “does not reflect fundamentals”
The European emissions trading market, with its static price over the last four to five weeks, “is not a good market,” and does not reflect fundamentals, said Chris Rowland, managing director of utilities research at Dresdner Kleinwort Wasserstein.