29.07.2011 - Europe banks outplay US peers in Q2 commods trading
A strong commodities business saved Credit Suisse from a deeper slump in its trading division as the European bank outplayed many U.S. peers and some oil majors in the crowded and volatile natural resources sector last quarter. The second-quarter report from Credit Suisse came two days after rival Deutsche Bank reported a similar trading performance and major oil players such as BP and Vitol reported disappointing trading results..............................................Full Article: Source
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