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With fuel demand outstripping supply, energy deals are popping up everywhere Ask an energy banker how much business he's done this year, and he may well start to scratch his [...]

Byline: John Reosti First Guaranty Bancshares in Hammond, La., has only a handful of energy loans on its books, so concerns over the precipitous decline in oil prices in recent [...]

Era of easy money is over for private equity in the energy sector Some private equity funds, worried that the increasingly crowded merchant power sector is losing its ability to [...]

Financial buyers that were among the quickest movers when utilities began unloading power plants several years ago are beginning to cash in on some of their investments in the sector. [...]

The latest raid on the fallen Enron Corp. empire could be foiled in December, when a planned Enron bankruptcy auction could shake up or possibly even shoot down recent proposed [...]

Grommesh Is Recognized SAN FRANCISCO-Mike Grommesh, SVP with The Golden 1 CU in Sacramento, Calif., is one of two people being recognized by the Western Payments Alliance (Wespay) for his [...]

Though syndicated lenders welcomed the results of last week's shared national credit exam, Monday's bankruptcy declaration by NorthWestern Corp. was a jab-in-the-ribs reminder that the news was not all good. [...]

Traditionally a preserve of large regional and money-center banks, energy lending is catching on among smaller banks. Just last week two Texas banks announced plans to start making energy loans [...]

Project finance lending could at last be stabilizing after two years of decline, despite a number of former top banks having pulled out of the market-and the fact that the [...]

Moody's Investors Service Inc. said Thursday that U.S. banking companies' exposure to the energy sector is contained and that it does not expect negative rating action related to loans to [...]

BANC OF AMERICA SECURITIES LLC 9 West 57th Street New York, NY 10019 Phone:212-583-8000 BMO NESBITT BURNS 700 Louisiana Street Houston, TX 77022 Phone:713-247-6160 Contact Persons for New Business Joseph [...]

to trade OTC energy contracts? Dynegy Inc.'s decision to end its energy-trading business last week signals an end to the era of swashbuckling traders that defined, promoted and ultimately helped [...]

In the latest example of legal activity affecting the ability of investment banks to collect fees, a California judge has ruled against a $175 million fee demand by UBS Warburg [...]

It gets uglier by the day. Just when you think one more scandal isn't possible-whether it's 'inappropriate' accounting practices or smarmy Wall Street analysts touting dog stocks-another hits the street. [...]

A disastrous European block trade back in January came back to haunt Goldman Sachs last week when it reported first-quarter earnings. The $2.8 billion overnight block trade in Vivendi S.A. [...]

The acting chief executive officer of Enron Corp. has so many apparent ties to banks that lent Enron money or underwrote its securities that some observers of the Enron mess [...]

Federal Reserve Board Chairman Alan Greenspan used his semiannual economic report to Congress on Wednesday to mount a strong defense of the value and safety of derivatives contracts, which have [...]

Senate Banking Committee members from both parties used a hearing Tuesday on Enron Corp.'s collapse to vent their concerns about accounting standards, disclosure practices, and conflicts of interest by analysts. [...]

Though the nation's large banks have confessed their losses and remaining risks from Enron Corp., attention is shifting to which bankers, if any, might be held accountable for involvement with [...]

One of the many lessons to be learned from the Enron debacle is the value of old-fashioned credit quality. In the banking industry, this lesson seems to have to be [...]

When Congress opens for official business next week the problems exposed by Enron Corp.'s collapse will dominate the attention of the financial services panels but won't steal the limelight completely. [...]

What is currently the biggest mystery on Wall Street may be solved today, when Citigroup Inc. holds its fourth-quarter meeting with analysts. Then again, it may not. Unlike rival J.P. [...]

Moody's Investors Service has reaffirmed the debt ratings for J.P. Morgan Chase & Co. and its subsidiaries following last week's Chapter 11 bankruptcy filing by the Houston-based energy giant Enron [...]

Congressional investigators this week began looking into the effects that the collapse of Enron Corp. will have on investors, including financial institutions and the employees of the Houston energy trader. [...]

A number of top energy companies are putting more and more of their dollars into unproven start-up energy technology companies at the precise time that the market for energy-related debt [...]

As fixed-income underwriting nears the halfway mark in 2001, Salomon Smith Barney is dominating yet another field in the debt markets: energy underwriting. As of May 31, Salomon had underwritten [...]

Several banks' spokesmen interviewed by American Banker on Monday sought to downplay market concerns over their exposure to Pacific Gas and Electric Co., the utility whose bankruptcy filing Friday raised [...]

California electric utility Pacific Gas and Electric Co., which has $9 billion of bank debt outstanding, said Friday that it has filed for bankruptcy. The news drove down the stocks [...]

Bank of America Corp., Deutsche Bank AG, J.P. Morgan Chase & Co., and five other banking companies could lose more than $1 billion because they have letters of credit backing [...]

Despite three defaults this month, the commercial paper market remains stable, experts say -- largely because of a decades-old ratings system. Commercial paper, short-term IOUs issued by the highest-quality companies [...]

For once, big banks seem to have learned from the past. They are showing restraint in financing the booming office building and energy markets, and their reluctance to lend may [...]

SANTA MONICA, Calif. - Several municipal utilities are successfully reaping profits in the wholesale energy market, officials said here last week. The Energy Authority and Energy New England -- each [...]

SANTA MONICA, Calif. - Municipalities and investor-owned utilities that own nuclear power plants may possess assets with much more profit potential than many observers currently think, two municipal utility officials [...]

NEW YORK [3:27 p.m.] -- The Brazos River Authority in Waco, Texas -- which Securities Data Co. said ranked second among Southwest issuers in terms of debt sold in the [...]

The IRS says that the credit for electricity produced from wind, closed-loop biomass, and poultry waste energy resources will stay at 1.8 cents for the calendar year [...]

The apparent collapse of one of the world's biggest energy traders has ensnared a Big Five firm. Arthur Andersen is facing questions from SEC investigators regarding its auditing of Enron [...]

Real Estate Joins Energy in Harrying Texas Banks As Energy Chargeoffs Diminish Real Estate Problems Grow The largest Texas bank holding companies have focused their attention on troubled energy loans, [...]

The North Carolina Municipal Power Agency No. 1 has executed a forward interest rate swap on nearly $90 million worth of revenue bonds, taking on tax risk in the deal [...]

Listen to energy bankers talk about this year's market outlook and you can almost hear them knocking wood. Why? Low interest rates and ebullient energy stocks produced booming business last [...]