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Commodities Briefing - Categorized | Financial, Performance more

Top banks’ nine-month commodities revenue down 22 percent

Posted on 18 November 2016

Commodities-related revenue at the 12 biggest investment banks fell 22 percent in the first nine months due to weak industrial metals trading and lackluster investor interest, a report by financial industry analytics firm Coalition said.
Revenue from commodity trading, selling derivatives to investors and other activities in the sector slid to $3.1 billion between January to September from $4 billion in the same period in 2015, the report published on Thursday found……………………………………..Full Article: Source


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