The US bank wants to expand its commodities futures trading team to fill void left by rivals
Citigroup will hire a dozen commodities traders globally as
part of its plan to expand in power and gas as rival banks
withdraw from the market due to the Volcker Rule which this
week won backing in Europe, writes Joe
Commodity profits for major banks have been declining
rapidly in recent years, forcing some to quit the sector,
however, the US’s third largest bank has seen an
opportunity to move into the gas and energy business by adding
15% to its already 80-strong global team, according to
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