10.04.2014 - Why are banks closing commodity arms?
Higher regulatory pressure and diminishing profit potential. Are these just excuses, or are they the real reasons we've seen a major shift by the investment banks out of commodities and physical trading? Over the past two years, if we look at two headliners for commodities and metals - gold and corn- we can see why. Not pretty. Actually, ugly. So as you can see, probably more of a problem with diminishing profitability rather than regulatory oversight...............................................Full Article: Source
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