Morgan Stanley
Tariff turmoil tests limits of market risk playbooks
Risk Live: Volatile markets reveal need for quicker data and more dynamic risk limits
People: Noble shuffles board in wake of Elman exit
Shell swaps trading chiefs; ex-Dreyfus head joins Cofco; Glencore adds Aberdeen’s Gilbert to board
People: Morgan Stanley sees raft of commodities exits
A number of senior bankers across Morgan Stanley’s commodities and energy lending units in the US are leaving the bank
Energy firms fear liquidity void if US capital proposals hit banks
Trades ‘wouldn’t be anywhere near making sense’ for banks
BNP Paribas shakes up commodities business
Soulami shifts to green-energy role after 10 years as commodity derivatives chief; other moves at BMO, JP Morgan and Phibro
Deal of the year: Morgan Stanley
Deal enables Gulf Power to be first utility in Florida to buy wind power
Morgan Stanley’s Sherk stresses value of oil hedging
Options have become good way for E&P firms to raise capital, top banker says
Phibro CEO eyes opportunities in banks’ retreat from energy
Former Morgan Stanley commodities chief Simon Greeenshields revives famed trading firm
Goldman names new head of US power trading
Other commodities moves at BTG Pactual, EDF Trading, Javelin and Munich Re
Revenue put options gain popularity in US power markets
Dealers, led by Morgan Stanley, have made revenue put options an increasingly popular hedging tool with US electricity firms seeking to build new power plants. But some observers warn that the largely untested product contains risks for dealers and their…
Goldman Sachs names global commodity sales head
Castleton appoints Mercuria CIO; Natixis recruits commodity co-head; Logler joins TrailStone; VTB Capital hires commodity head; Maersk Oil names top marketer
Former enforcement chief takes top job at Ferc
BAML promotes Ahmad to co-head; Coolidge leaves Velite; Black joins Wells Fargo; StanChart loses sales head; Freepoint adds oil traders
Goldman and Citi defy gravity on commodity VAR
Commodity VAR at Citi and Goldman Sachs stays about the same or increases from 2012–2014, as other major dealers pare back
Morgan Stanley names new commodities co-heads
Evolution unveils European coal desk; Mercuria hires Goldman's cross; New Danske CEO gets to work; Ex-Deutsche Asia power head joins GDF Suez; Gunvor COO steps down
The secrets of successful energy trading firms
The energy trading world has seen various companies come and go over the years, including utilities, commodity trading houses and banks. Some of those firms have proven to be phenomenally profitable, while others have not. What is the recipe for success?…
Nothing new about bank commodity exits, history shows
The recent exodus of banks from the commodities business is not a first. Alexander Osipovich looks back at the turbulent history of banks quitting the commodity markets, only to come piling back in a short time later
Banks down, but not necessarily out, in commodities
Investment banks are making deep cuts in commodities, but they are not departing from the market entirely
Morgan Stanley sees flurry of moves amid physical sales
Jones leaves Mercuria; EDF Trading names power and gas heads; GlobalCoal's Burns moves to BTG Pactual; PVM gas brokers join OTCex; Goldman makes commodity hires
End of an era as Masters leaves JP Morgan
Goldman appoints commodities co-head; CFTC's Chilton joins law firm; energy traders flee Barclays; Alan Koh rejoins Morgan Stanley; head of oil trading quits Citi
Banks counter Fed worries on physical commodities
Goldman Sachs and Morgan Stanley stress public benefits of allowing banks to trade physical commodities, while downplaying fears of catastrophic risk
Citi hires Morgan Stanley oil veteran Randall O’Connor
Head of strategic transactions quits to join Citi as Morgan Stanley pulls back from physical oil trading