Energy Risk
Jerome Malka
Jerome Malka, managing director of SG's Orbeo, may have risen rapidly through the ranks, but he doesn't want to make a big deal of it, finds Andrew Holt
Suppliers fight for green
A shortage of green power in the US has left some states struggling to meet mandatory renewables supply targets. Long-term supply contracts could help producers build new plants, but utilities and competitive suppliers are feuding over who gets to sign…
JP Morgan eyes Bear Energy prize
JP Morgan's planned acquisition of Bear Stearns looks set to bring it closer to rivalling the biggest energy investment banks, Goldman Sachs and Morgan Stanley, writes David Watkins
Market split over Green Exchange
The Green Exchange launched its crusade into the environmental trading markets last month, but it will have a battle on its hands to gain critical liquidity, writes Andrew Holt
Proposed CFTC merger meets mixed reaction
The US Department of the Treasury has released a blueprint recommending the largest overhaul of the US financial regulatory structure since the Great Depression in a bid to boost US competitiveness in global markets.
Goldman goes for Green
Investment bank Goldman Sachs has joined the Green Exchange as a "founding member," the exchange announced today.
RGGI allowance auction date announced
States participating in the Regional Greenhouse Gas Initiative (RGGI), an agreement among the Governors of ten Northeastern and Mid-Atlantic states to reduce greenhouse gases from power plants, have announced the date for the first ever CO2 allowance…
Green Exchange begins trading
In keeping with the green theme of St. Patrick’s Day, The Green Exchange, a partnership that incorporates brokers, traders, venture capital firms and investment banks commenced trading today.
Green Exchange begins trading
In keeping with the green theme of St. Patrick’s Day, The Green Exchange, a partnership that incorporates brokers, traders, venture capital firms and investment banks commenced trading today.
MF Global plunges amid liquidity fears
MF Global, the world's largest broker of exchange-listed futures and options, sought to reassure investors that it had sufficient funds despite seeing its share price fall by 78% following a spate of rumours to the contrary.
JP Morgan to guarantee the trading obligations of Bear Energy
Following JP Morgan’s planned $2 per share acquisition of Bear Stearns after a run on the company ended 85 years of independence for the securities firm, the investment bank has moved to secure the trading obligations of Bear’s subsidiaries, including…
Tullett Prebon acquires Primex
Interdealer broker Tullett Prebon is to acquire petroleum products broker Primex.
Nymex agrees “definitive” $9.4 billion merger with CME
CME Group, the parent company of the Chicago Mercantile Exchange (CME), is to acquire the New York Mercantile Exchange (Nymex) on terms that remain unchanged from CME’s original offer first put forward in January.