Banks fight back with warning over withdrawal from commodity markets.Authors:Burton, Mark
mburton@metalbulletin.comSource:Metal Bulletin Daily. 9/13/2013, Issue 382, p180-180. 1p.Document Type:ArticleSubject Terms:*BANKING industry
*COMMODITY exchanges
*SECURITIES markets
*WAREHOUSES
*ALUMINUM industryNAICS/Industry Codes:416210 Metal service centres
212299 All Other Metal Ore Mining
522190 Other Depository Credit Intermediation
522120 Savings Institutions
522111 Personal and commercial banking industry
522110 Commercial Banking
523210 Securities and Commodity Exchanges
493190 Other Warehousing and Storage
493110 General Warehousing and Storage
236220 Commercial and Institutional Building Construction
523110 Investment Banking and Securities DealingAbstract:The withdrawal of US banks from commodity markets will have a detrimental effect on market liquidity, increase volatility and leave consumers, producers and traders heavily exposed to fluctuations in commodity prices, according to a new report commissioned by a banking lobby group. [ABSTRACT FROM AUTHOR] Copyright of Metal Bulletin Daily is the property of Euromoney Institutional Investor PLC and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)Full Text Word Count:633Accession Number:
91685430