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Where to next for Singapore’s hard commodity traders?

Posted on 31 January 2014

Regional banks, Asian commodity firms and derivatives operations are mopping up newly unemployed physical commodities traders who have been left without jobs after the big international banks starting exiting the business segment.
Trading hard commodities used to be big business for the bulge bracket banks, but with several leaving the arena – Bank of America Merrill Lynch being the latest to join the rush for the exits – a number of front office roles have been made redundant in the respective Singapore units………………………………………..Full Article: Source


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VRS - who has written 39476 posts on Opalesque Commodities Briefing.


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