David Messer, president and CEO of the Royal Bank of Scotland/Sempra Energy joint venture commodity trading unit, RBS Sempra Commodities, abruptly resigned his position Wednesday, the San Diego-based energy company announced.
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Articles from Scotland
Sempra Bullish on RBS Trading Joint Venture
With the Royal Bank of Scotland (RBS) spewing red ink and heavily propped up by the British government, the high-profile, highly profitable joint venture trading operation between a unit of the bank and San Diego-based Sempra Energy has become the subject of much speculation and questioning.
Sempra Says RBS Trading Joint Venture Remains Solid
With the Royal Bank of Scotland (RBS) spewing red ink and heavily propped up by the British government, the high-profile, highly profitable joint venture trading operation between a unit of the bank and San Diego-based Sempra Energy has become the subject of much speculation and questioning.
Sempra, RBS Joint Venture Goes Live
Royal Bank of Scotland (RBS) and Sempra Energy have completed formation of their commodities-marketing joint venture, RBS Sempra Commodities, they said last Tuesday.
Sempra, Royal Bank of Scotland Trading Joint Venture Goes Live
Royal Bank of Scotland (RBS) and Sempra Energy have completed formation of their commodities-marketing joint venture, RBS Sempra Commodities, which was announced last July, they said Tuesday.
Sempra Eyes Faster Growth, More Diversity by 2012
Despite roiling global financial markets, federal regulatory delays in closing its joint venture with the Royal Bank of Scotland (RBS), and dissatisfaction with the company’s current stock price, San Diego-based Sempra Energy expects to have faster earnings growth and more diversity in its operations over the next five years, CEO Donald Felsinger told the company’s annual analyst meeting in New York City Thursday.
Sempra Tops Marketers, Readies for More Growth
Sempra Energy’s joint energy trading venture with the Royal Bank of Scotland (RBS), which is expected to close early next year, appears to have come at a most opportune time for the California-based corporation, and the sky may be the limit for NGI’s top North American natural gas marketer.
Sempra Tops Marketers, Readies for More Growth
Sempra Energy’s joint energy trading venture with the Royal Bank of Scotland (RBS), which is expected to close early next year, appears to have come at a most opportune time for the California-based corporation, and the sky may be the limit for NGI’s top North American natural gas marketer.
Sempra Adds Deep Pockets to Trading with Royal Bank of Scotland Venture
San Diego-based Sempra Energy Monday announced it will partner its successful energy-metals trading business with Royal Bank of Scotland (RBS) in a complex deal in which each company will put in $1.30-1.35 billion. The joint venture will be called RBS Sempra Commodities LLP and expects to double its profits over the next five years with the UK-based bank taking over a majority interest and the day-to-day trading operations.