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Ignace Combes will retire as deputy chief executive of Euroclear by mid-2010, the clearing service provider said in a statement on September 4.
By then, Combes will have reached his contractual retirement age of 60 after a 34 year career with JP...
“One of our key predictions for 2011 was that geopolitical tensions will simmer more vigorously this year, particularly in the context of a market in which incremental non-Opec volumes are becoming more difficult to bring on stream and in which Opec spare capacity gets more noticeably stretched.”
BarCap's 2011 oil outlook looks increasingly accurate.