| Commodities revenue at the top 10 investment banks climbed 26 percent in the first quarter after years of declines, due to higher U.S. power and gas turnover as well as stronger investor interest, a consultancy said on Monday.
Revenue from commodities for top banks in the first quarter rose to $1.8 billion from $1.4 billion in the same period last year, London-based financial industry analytics firm Coalition said in a report. "The cold winter in North America created volatility and had a positive impact on U.S. power and gas revenues," it said...........................................Full Article: Source
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