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Commodities Briefing - Categorized | Financial, Market Moves, Regulatory more

Wall Street reshapes commodities business to fend off regulation

Posted on 23 July 2013

Wall Street’s most powerful banks have accelerated efforts to transform the structure and focus of their commodity trading desks to preserve their multibillion-dollar empires from tightening regulation.
Scrutiny of their activities in electricity markets, metals warehousing and oil trading is reaching fever pitch ahead of a Federal Reserve decision in September that may decide how deeply banks can delve into the world of gasoline tankers, piles of copper and power plants………………………………………..Full Article: Source


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