Faced with new regulation and higher capital requirements, major investment banks are being forced to shift their focus away from commodities and back towards core banking business. While most of those banks continue to deal in precious metals, it’s hard to argue their offering hasn’t been dented by such pressure, according to John Levin, Sydney-based global head of precious metals sales at Australian bank ANZ.
In contrast, ANZ is attacking precious metals from a different starting point. While m
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