LONDON (Reuters) - Commodities-related revenue at the 12 biggest investment banks climbed 45 percent last year despite weak oil trading, boosted by power, gas and base metals markets, consultancy Coalition said on Wednesday. Revenue from commodity trading, selling derivatives to investors and other activities in the sector, increased to $3.6 billion (2.7 billion pounds) in 2018, the financial industry analytics firm said in a report.
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Wednesday, 27 February 2019
Top banks' commodities revenue jumps 45 percent in 2018: report
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