| From Reuters: Wall Street banks involved in proprietary trading of commodities are taking less risk than they did before the financial crisis,even though markets are up sharply from the recession's lows.
Financial data for the fourth quarter from U.S. banks such as JPMorgan Chase, Goldman Sachs and Morgan Stanley show their Value-at-Risk, or VaR, for commodities at least 25 percent below levels employed during the height of the commodities boom, the third quarter of 2008......................................Full Article: Source |