World's major banks find themselves in new trouble

Bank executives and investors weren't looking for another reason to fret. But they have one - a European Commission accusation that 13 banks, plus derivatives trade body ISDA and data provider......

Derivatives losses: Tables are turning

The scales are slowly tilting in favour of exporters in their fight with banks on foreign exchange derivatives losses, which triggered a number of court cases in 2008. If banks had an upper hand......

IOC to commence oil derivative trade

The state-run Indian Oil Corporation on Wednesday said it plans to begin the commodity derivative transactions in a few weeks as part of its risk management strategy against the volatile......