Turning points: SEB's Torbjörn Iwarson

While many investment banks are having a tough time in commodity markets, Swedish bank SEB is going against the grain by increasing its appetite for risk. Torbjörn Iwarson, the bank’s head of commodities, talks to Jay Maroo

Increased funding costs, low client demand, higher capital charges and more onerous regulation are just some of the dizzying challenges facing investment banks in the commodities market. Such factors have combined to give Europe’s banks an extremely hard time over the past year, with many trimming their risk appetite and closing down trading desks in response.

Not so for Stockholm-based SEB