Gordon Brown
UK to focus on smart grids and nuclear power
Big investments into UK smart grids, offshore wind farms under the Renewable Obligation Certificates (ROC) scheme and nuclear power are on the agenda for both the Labour and Conservative parties in the run-up to the UK elections, as the country looks to…
FSA deputy chairman resigns over HBOS risk whistleblower
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UK announces second bank rescue package
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UK government creates £50 billion ABS fund
The UK government outlined further plans today to try to stabilise the economy and encourage banks to lend more.
International Centre for Financial Regulation officially launched in London
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UK to lead global efforts to restore stability
UK prime minister Gordon Brown today called on world governments to follow the UK’s example in its efforts to stem the world financial turmoil.
HSBC promotes Brown to head of FX
HSBC has promoted Andrew Brown to global head of foreign exchange, a new position.
Five brokers promoted at Tullett Prebon
Tullett Prebon has promoted four rates brokers and an energy broker in its London office.
Knight Trading creates institutional options and ETF team
US equity and derivatives market-maker Knight Trading has established an institutional options and exchange-traded funds (ETF) sales and trading team with six new appointees, mostly from Merrill Lynch.
Prebon builds bridge to SwapsWire
Institutional broker Prebon Yamane is going live this week with a system, developed in-house, that allows traders to have direct links to the SwapsWire online platform, according to officials at the firm, based in London. Swapswire, owned by a consortium…
Market alarmed by French securitisation ruling
A proposal by the Commission Bancaire, the French banking regulator, to change the capital risk weighting system on all French securitisations, has caused consternation among market participants. The proposal, introduced in a bulletin on April 26,…