20.10.2010 - Citigroup eyes Asia, Europe in ‘leaner’ year for commodities
From Bloomberg: Citigroup Inc., the bank 12 percent- owned by U.S. taxpayers, is adding the largest number of new commodity jobs in Asia and Europe amid a “leaner” year for raw materials, said Stuart Staley, the global head of the business. The bank, which has about 270 people in commodities, is also seeking to win over more investors, adding to revenue from corporate clients, Managing Director Staley said in an interview in Amsterdam on Oct. 17. Citigroup, based in New York, started trading iron ore and the physical markets in liquefied natural gas and thermal coal this year, he said..............................................Full Article: Source
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