Societe Generale Corporate & Investment Banking (SG CIB)
Bank-led commodity decorrelation theory rejected by analysts
Idea that bank retreat loosens correlation ‘doesn’t make any sense’
Japan insurers look to hedge out legacy VA positions
Rise in equity markets makes it less costly for insurers to de-risk
Enforcement director nominated for Ferc chair
Centrica hires Hess market risk director; Vattenfall names trading head; Gazprom recruits BAML power trader; Baltic Exchange names Singapore head; Mitsubishi UFJ in commodity retreat
