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Commodities Briefing - Categorized | Market Moves, Trading more

Credit Suisse slashes commods trading risk in Q3

Posted on 22 October 2010

From Reuters: Credit Suisse cut its commodities trading risk by nearly 30 percent in the third quarter, following in the footsteps of some of its U.S. peers, while its commodity revenues jumped.
The Swiss bank’s Value-at-Risk (VaR) for commodities slipped to $10 million during the quarter from $14 million in the second quarter. Year-on-year, it fell 50 percent from the $21 million in the third quarter of 2009……………………………………….Full Article: Source


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