30.04.2014 - Some banks haven't given up on trading commodities. And that's a good thing.
As expected, the recent by some of the largest energy trading banks has created a temporary dearth of capability, and sometimes liquidity, in the international commodity markets. Born a child of the Financial Crisis and the BP Deepwater Horizon oil spill, and later ensconced into law through Dodd-Frank, the Volker Rule and other international regulations, the anti-bank sentiment amongst policymakers has driven many of the largest players into various stages of transition toward smaller footprints. The likes of JP Morgan, Morgan Stanley, Barclays, Deutsche Bank and Bank America to name a few are staring at the exit signs for some or all of their business. This is not good...............................................Full Article: Source
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