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Commodities desks set for resurgent 2011

Posted on 25 March 2011

Senior traders at Morgan Stanley predict that revenues from commodities will rebound this year by 50% – a shot in the arm for a host of investment banks that piled into the sector before a difficult 2010.
Glenn Schorr, a senior economist at Nomura in New York, recently travelled to London and met with Robert Rooney, head of interest rate currency and credit for Europe, the Middle East and Africa at Morgan Stanley, and Colin Bryce, the banks head of institutional sales and trading in Emea and its co-head of global commodities……………………………………….Full Article: Source

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