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Commodities revenue at 10 top banks seen down 54pct in 1st Quarter

Posted on 16 May 2013

Commodities revenue at the 10 largest banks fell 54 percent in the first quarter from a year earlier, according to analytics company Coalition.
Commodities revenue of the top banks in the Coalition index dropped to $1.2 billion from $2.6 billion a year earlier, the London-based Coalition said in an e-mailed report today. Revenue fell 24 percent last year, it said in February…………………………………….Full Article: Source


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