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U.S. banks’ commodities revenue declined

Posted on 08 February 2013

Top U.S. banks face a decline in Commodities, as revenue fell by a third in the fourth quarter as hard regulation restricted activity among less shining markets and inactive demand for hedging, consultancy Tricumen said.
Banks do not break out commodities revenue when recording results, but the British consultancy projected that the number for U.S. banks in the last three months of 2012 moved down 32 percent year on year, at between $800 million and $900 million………………………………………..Full Article: Source


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