Sun, Apr 20, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Financial, Performance, Research more

Commodities revenue of 10 top banks fell 24pct in 2012

Posted on 18 February 2013

Commodities revenue at the 10 largest banks slumped 24% in 2012, the first drop since at least 2008, according to analytics company Coalition. The total fell to $6 billion from $8 billion in 2011, London-based Coalition said in a report on Friday. The lenders’ investment banking revenue rose 10% to $159 billion, the first gain in three years, it estimated.
The Standard & Poor’s GSCI Spot Index of raw materials rose 0.3% last year, the smallest annual change since 1985 and its worst performance in four years. The gauge’s 100-day historic volatility last year reached the lowest level since at least 2002, when Bloomberg data started………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930