Against a backdrop of increased regulatory scrutiny, lower revenues and higher capital charges, the withdrawal of many banks from commodities has had a withering impact on the base metals market. Firms such as Barclays and Deutsche Bank, once seen as formidable market-makers, have left the market, choosing to focus more narrowly on precious metals instead. That has created opportunities for banks that remain committed, including Societe Generale Corporate & Investment Banking (SG CIB).
The week on Risk.net, October 6-12, 2017Receive this by email
- Quantile, TriOptima face off in cleared swaps compression battle
- ABS set for revival under US Treasury’s liquidity buffer plans
- Deutsche Bank expects early 2018 decision on LCH exit
- Industry hails potential US relaxation of margin timing rules
- Leaked EU doc could shield legacy swaps from clearing grab