| Large companies looking to hedge their exposure to rising energy costs are employing a larger number of banks to execute their commodity trades due to tighter credit markets, a survey released by Greenwich Associates showed on Wednesday.
The consultancy's global survey of more than 300 large firms showed that their relationship with their lenders is now almost as important as the bank's commodity market expertise, with airlines and large industrial companies putting an increasing premium on access to credit..............................................Full Article: Source |