| Have you performed your portfolio spring cleaning yet? The major banks certainly have, with commodities products and services being scaled back in good measure. U.K.-based Barclays Bank will soon be joining other top tier banks including JP Morgan Chase and Morgan Stanley in combing through their commodities operations and weeding out the poorly performing segments.
Barclays, along with other major investment banks, expanded their range of commodity products and services during the bumper opening years of the century when everyone was looking for the newest exotic vehicles to trade...............................................Full Article: Source
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