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Nomura is making a sudden and disturbing pullback from commodities

Posted on 10 March 2011

From Efinancialcareers.co.uk: In a possible indication of further FICC reversals to come across the industry, Nomura – which had been vigorously building a commodities business – has changed its mind.
Sparkspread reported yesterday that the Japanese bank has decided to close its global energy and soft commodities business, at the possible cost of hundreds of jobs……………………………………….Full Article: Source


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VRS - who has written 48800 posts on Opalesque Commodities Briefing.


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