Tue, May 26, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Financial, Trading, Trends more

U.S. banks grab commodities trade finance

Posted on 24 November 2011

Colin HeritageU.S. banks are expanding fast in commodities trade finance as the dominant players, French banks, retreat, bankers told Reuters, with traders saying they feared it still would not be enough to save some small oil, coal and metals players from credit problems.
“The French banks are actively selling loan exposure as dollar liquidity in Europe has shrunk. So naturally U.S. banks are benefitting most. I personally bought into a few large and good trade finance loans,” said an executive at a major U.S. bank specialising in energy………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 40639 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
May 2015
S M T W T F S
« Apr    
 12
3456789
10111213141516
17181920212223
24252627282930
31