Deutsche Bank makes commodities cuts

Goldman names new commodities heads; BAML exits European power and gas; GDF Suez promotes Moorooven; Newedge names commodity heads; JP Morgan hires EDF power trader


Deutsche Bank is busy winding down its commodities business, after announcing on December 5 last year that it intends to abandon most of its activities in the area.

The bank said it would pull out of energy, agriculture, base metals and dry bulk commodities, while retaining a presence in financial derivatives and precious metals. Not only did the announcement surprise many market observers, but it is also said to have come as a surprise to the senior management of the commodities division, who

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here