Reliance on continuing the bull market for ever and a day was an impossible pipe dream.

The prudential management approach to risk is where the world is going. Collateral is just simply on the way out as a chief rule, and a chief tool, of regulation. My view is that collateral...

Operators today are constantly looking for ways to lower costs, while at the same time developing more environmentally friendly processes that their customers are demanding. This is an innovative approach from Orange and a service...

This is not to say that standards have been dropped, and in some areas they’ve been toughened up. There are tougher rules, for example, in the areas of solvency margins, and there is a new...