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Commodities Briefing - Categorized | Financial, Investment, Performance more

Banks see big drop in 2012 fixed-income commodity revenue -survey

Posted on 15 February 2013

Revenue from commodities trading at global investment banks fell by a quarter last year from 2011, making the asset class the worst performer in the fixed-income business of banks, an industry survey showed on Thursday.
Low market volatility and shrinking client activity were reasons for the drop, and the effect was particularly evident in energy and precious metals businesses, according to the survey by the London-based Coalition, a financial services analytics company………………………………………..Full Article: Source


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