| Britain's Barclays Plc said on Tuesday it has closed its power trading desks in London and New York, joining a string of global investment banks that are paring down their commodity market activities as increased regulations bite.
Barclays, a top-five banking player in commodities trading which is in the process of shrinking its investment banking activities, said its "core commodities franchise continues to operate business as usual"...............................................Full Article: Source
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