Rating agencies raise the bar
On June 14, Janine McArdle was still confident that energy trading was simply too important for her company to ignore. The managing director of Aquila Europe was insisting Aquila was not going to follow El Paso and Dynegy and cut back its energy trading operations. “We’re in growth mode,” she told EPRM in an interview at Aquila’s London offices. “You can’t put the genie back in the bottle.”
But the genie was, in fact, being put back in the bottle even as she was speaking. In the
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Can behavioural science curb rogue traders… and compliance costs?
Instead of using surveillance to catch endless bad apples, experts urge banks to clean the barrel
