Thu, Oct 23, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Market Moves, Trading more

Wall Street is rethinking commodity-trading role

Posted on 23 October 2012

Goldman Sachs Group Inc. has held preliminary internal discussions in recent years about splitting off its lucrative commodities-trading business, according to people briefed on the discussions.
The idea hasn’t gained traction and has been tabled, as the New York investment bank is waiting to see how the business fits into the final version of new regulations such as the Volcker rule, which is scheduled to be implemented in coming months. The final rule is expected to ban some types of trading and could hit commodities-trading revenue hard, these people said………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 37583 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031