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Can the rapid growth of e-trading in recent years continue?

BNP Paribas is presenting MillionTreesNYC in New York, a citywide, public-private scheme with the goal of planting and caring for a million trees across New York’s five boroughs over the next 10 years. Introduced as one of mayor Michael Bloomberg’s 127 PlaNYC initiatives to create a healthier, sustainable city, MillionTreesNYC will increase the city’s tree-count by 20%.

UBS has done a service to all investors in bank stocks and bonds by making public the report requested by the Swiss Federal Banking Commission into the root causes of its sub-prime losses.

The Bank of England’s special liquidity scheme does nothing that hasn’t already been done by the Fed and the ECB – except on more onerous terms.

The crisis suggests that privately owned banks are not self-evidently better managed nor more effective at allocating capital than state-owned ones.

A reduction in foreign capital flows means that many banks in eastern Europe are indirect victims of the credit crunch.

Does the EC need to force clarity on clearing?

Freeing up markets would help the country lose its tag as the poor man of Latin America.

Turkish companies are the rising stars of corporate governance in emerging Europe. But CEZ remains the one to beat.

Osman Semerci, Merrill Lynch’s former global head of fixed income, currencies and commodities, and co-president of the EMEA global markets and investment banking business, has joined $1.7 billion alternatives group Duet as its chief executive. Duet Group, which started in 2002 with just $10 million in a single fund, now has 14 funds, and is looking to further expand its range of strategies, in addition to growing its private equity business.

Growth potential is the buzz-phrase in the central and eastern European private equity market. Many in the market are extolling its virtues, not to mention its returns, but what are the hidden risks? Jethro Wookey reports.

Flush with petrodollars and ambitious plans, Nigeria’s banks are coming to London. Guaranty Trust Bank, one of Nigeria’s leading banks, has just been authorized by the UK’s Financial Services Authority to operate as a bank in the UK. Its subsidiary, GTB UK, which is based in Margaret Street in London, will focus on commercial activity in areas where there are already established links between Nigeria and the UK and the other countries where it operates, including Gambia and Sierra Leone. The subsidiary will provide banking services such as receiving deposits and writing mortgages for both commercial and retail customers and intermediates.