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Metals house of the year: SG CIB

Recent deals with Barclays and Jefferies Bache have highlighted the French bank’s commitment to metals

francois-combes-sg-12-web
François Combes, SG CIB

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

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