Wed, Sep 17, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Trading more

Morgan Stanley rebuilds in commodities trading

Posted on 21 July 2014

After more than a year of scaling back in commodities, Morgan Stanley is ready to expand. The Wall Street bank plans to hire about a dozen traders, sales staff and other professionals in the United States. It’s building up commodities trading and financing businesses that can profit despite tougher regulations, people familiar with the matter told Reuters.
“The moves that we’ve made are in large part because we looked at these businesses through a new capital lens,” said one executive involved in the business’s strategy who spoke on the condition of anonymity. “That’s just the reality of life on Wall Street these days.”……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 36970 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930