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JPMorgan tops banks for third year as loans retreat: Commodities

Posted on 18 January 2013

JPMorgan Chase & Co. (JPM) led lending to commodities companies for a third consecutive year even as global financing to the industry fell to the lowest since 2010.
The biggest U.S. bank by assets arranged $44.1 billion of loans, giving the New York-based company a 7.8 percent market share, according to data compiled by Bloomberg. Bank of America Corp. and Citigroup Inc. (C) came next. Three Canadian banks were in the top 10, from one a year ago, as European lenders retreated………………………………………..Full Article: Source


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