The commodities trading landscape is changing. Faced with rising costs, increased regulation and directionless markets, big banks such as Deutsche Bank are retrenching or retreating from the sector. It is a trend that looks set to continue.
“Sentiment-driven and largely directionless markets, alongside declining client interest, has seen total revenues for the leading 10commodities investment bank businesses across the globe fall to just below a third of their peak, from $14.1bn in 2008 to $4.5bn in 2013, with no foreseeable prospect of recovery,” the UK’s financial watchdog, the Financial Conduct Authority, said..............................................Full Article: Source
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