With so many major players withdrawing from all or part of the market during the past few years, commodity and energy trading suddenly seems like a hostile environment for investment banks.
But at a time when so many banks are scaling back their ambitions in commodity and energy derivatives, Citi stands out for a level of commitment that has baffled some of its less bullish rivals. As other banks nervously pull back, Citi is boldly pushing ahead.
In some ways, the current situation is a reversal
The week on Risk.net, December 2–8, 2017Receive this by email