Morgan Stanley Sticking Toe Back In Commodities

(HITC) Reuters reports that the shift in strategy, which has cut the size of Morgan Stanley’s commodities business by roughly two thirds, was largely forced on the bank by post-financial crisis regulations that banned banks from using their own money on potentially risky speculation, and increased capital requirements. The bank is “sticking their toe back into the market,” said Robert Pease, senior counsel at law firm Bracewell…

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply