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Paul Newman
To celebrate its 15th anniversary this year, Energy Risk brings you interviews with the veterans who have helped shape today's energy markets. Paul Newman, oil derivatives pioneer and managing director of Icap Energy, discusses the past 15 years in…
Banks pull back from market-making
A lack of OTC market-making is causing concern about long-term liquidity in the energy markets. The future of market-making depends on the banking industry, reports Katie Holliday
Banks pull back from market-making
A lack of OTC market-making is causing concern about long-term liquidity in the energy markets. The future of market-making depends on the banking industry, reports Katie Holliday
Risk managers still lacking influence, says report
Daily news headlines
CFTC names Chilton head of energy committee
Bart Chilton, one of four commissioners at the US Commodity Futures Trading Commission, took charge of the regulator's energy markets advisory committee yesterday.
Senior Supervisors Group: CDS auction process working
A report released on March 9 by the Senior Supervisors Group (SSG) suggests the auction process for settling credit default swaps (CDSs) - tested several times over the past six months - is working.
Wu takes helm at Hong Kong pensions overseer
Anna Wu Hung-yuk will start a two-year term as chairperson of Hong Kong's Mandatory Provident Fund Schemes Authority (MPFA) on March 17.
Moody's warns of "severe default cycle"
Weak consumer spending in the US means 283 companies are now at high risk of default, credit rating agency Moody's Investors Service has warned.
Credit Suisse chairman moves to Swiss Re
Walter Kielholz has resigned as chairman of Credit Suisse, to be replaced by the vice-chairman, Hans-Ulrich Doerig.
Brokerage launches environmental arm
Phoenix Partners Group, an interdealer credit and equity derivatives broker, has launched an environmental brokerage service for the worldwide renewable energy and emissions markets.
UBS's chairman to follow CEO out
UBS' chairman Peter Kurer will not stand for re-election at its next annual general meeting on April 15.
Brown quits as HSBC's currency head
Andrew Brown today left his post as global head of foreign exchange at HSBC.
Boillereau takes over cash FX at HSBC as Brown departs
Frederic Boillereau, global head of foreign exchange and metals at HSBC in London has added cash FX to his responsibilities. Andrew Brown, global head of FX and a nine-year veteran of the bank, has left the bank. Boillereau's new role will bring together…
Northern Rock reports heavy losses in 2008
Northern Rock made a loss of £1.36 billion in 2008, but said repayment of its loan from the UK government was ahead of schedule.
Margaret Leung to replace Or as Hang Seng CEO
Margaret Leung, currently group general manager and global co-head of commercial banking at HSBC, will replace Raymond Or Ching-fai as chief executive of Hang Seng Bank in May.
AIG dismantled risk controls on CDS portfolio, says Greenberg
American International Group Financial Products (AIGFP) dismantled existing risk management controls around its credit default swap (CDS) portfolio following the ousting of Hank Greenberg, the former chief executive has alleged in a new lawsuit.
SG names Asian structured sales head
Société Générale has named Yann Garnier as head of structured products sales for the Asia-Pacific region.
Freddie Mac CEO resigns
David Moffett, chief executive of the US government-supported mortgage buyer Freddie Mac, has resigned.
Quandary over future fees
Should hedge funds and funds of hedge funds reassess fee structures and move towards a different model?
Just another tool in the box
Credit ratings
ASF 2009 highlights challenges for securitisation market
The annual conference for securitisation professionals, held in Las Vegas, showed that the industry is under no illusions about the difficulties it is currently going through, but that there is a collective will to turn the situation round. Mark Kahn of…
Crunch time for autos
The world's carmakers are battling for survival. Should bondholders shun the sector or is there value in the firms best placed to beat the recession? Nikki Marmery reports