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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@risk.net
More on People
Caramanli quits Ion, destination unknown
Current markets head Oliviero is said to have replaced outgoing chief product officer
People: Natixis adds global markets trio, Six switches CRO, and more
Latest job changes across the industry
People: Shake-up at Goldman, new op risk posts, and more
Latest job changes across the industry
HSBC appoints Benihasim as global FX head
Hong Kong-based Benihasim replaces Richard Bibbey, who moved to London to run institutional sales
People: New leader for LCH, Pham lands CFTC top job, and more
Latest job changes across the industry
Calpers adds machine learning specialist Simonian
Champion of using AI and game theory in investing risk management joins US public fund
People: All shook up at the SEC, Krens succeeds Litvack at Isda, and more
Latest job changes across the industry
Girolami to leave LCH for NatWest
Clearing house CEO named CIB head for UK lender
