Survey shines light on OTC commodity derivatives providers

04/22/2013 | Bloomberg

Greenwich Associates has released a survey that found Barclays and JPMorgan Chase were top among banks in providing over-the-counter commodity derivatives to clients for hedging purposes. Goldman Sachs also fared well in the findings. "Banks are rethinking their approach to the commodities business in light of new capital requirements and regulations," according to Andrew Awad, a consultant at Greenwich Associates. "The landscape is becoming far more fragmented, as few banks want to be all things to all people and more find specific segments."

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