Banks
Changing landscape
Not a year has passed since Energy Risk's 1994 launch without M&A activity between energy companies, banks or brokers. Roderick Bruce & Pauline McCallion chart the M&A history that forms today's players
FSA stress test results will not be disclosed
The UK regulator takes a different approach to the US and follows the example set by the EU
Big bang: new dawn for CDS market
The 'big bang' protocol, which changes the way credit derivatives are quoted and traded, may have brought a CDS exchange one step closer
Basel releases framework for assessing systemic risk of large banks
A new paper from the Basel Committee is aimed at assessing systemic risk of major financial institutions
Cebs announces banking transparency hearing
EU Pillar III disclosures to receive scrutiny at a Cebs hearing on bank transparency
New FSA banking regulation aims to promote fairness for consumers
UK supervisor is taking over responsibility for all retail banking conduct regulation
UK announces second bank rescue package
The UK says the previous £37 billion package was not enough
FSA calls on banks to invest £1bn on compensation systems
UK regulator asks banks to spend almost £1 billion on new IT systems to hasten compensation in the event of a bank collapse
Cuomo demands remuneration details from nine US Tarp banks
The New York attorney-general has requested detailed bonus information from the nine banks receiving US Treasury aid
Cebs: Bank risk disclosures could be better
Cebs says banks are holding back on transparency
New UK codes focus on TCF
New industry banking codes bring new rules for Treating Customers Fairly
Fraud in the UK hits twelve year high
A new KPMG report reveals fraud is rife in the UK though banks are faring well
Australian banks prepare for Basel II
The Australian Prudential Regulation Authority grants Basel II accreditation to several Australian banks
A bigger deal in platforms
After three years of consolidation in electronic trading, are brokers getting what they want from the players who are left and do the providers themselves know where they are going?
Trading crude blows
Banks and oil majors alike are building up their oil derivatives operations, vying to attract the same corporate client base. But the oil companies do notseem unduly concerned about the competition, finds Paul Lyon
Barrier to entry
Bank of America and UBS are still trying to overcome obstacles that could prevent them entering physical power trading in the US. Federal Energy Regulatory Commission regulations represent the biggest obstacle. Paul Lyon reports