20.07.2012 - Morgan Stanley commodities risk leaps but revenue falls
Morgan Stanley's commodities trading risk shot to pre-financial crisis highs during the second quarter but revenue from the sector and other trading fell, showing that its bid to buck Wall Street's lower-risk approach did not pay off. The only major U.S. investment bank to keep risk up while navigating tough oil, metals and grains markets in the three months to June, Morgan Stanley's Value-at-Risk (VaR) in commodities rose to its highest since the second quarter of 2008...............................................Full Article: Source
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