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Wall Street Banks Face Threat From Restored Commodities Barriers

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Mani
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The U.S. Senate Banking Committee is set to question today banks' investments in physical commodities assets.

Wall Street Banks Face Threat From Restored Commodities Barriers

Should commercial banks control oil pipelines?

The Senate Banking Committee’s Subcommittee on Financial Institutions and Consumer Protection, led by Ohio Democrat Sherrod Brown questioning whether commercial banks should control oil pipelines, power plants and metals warehouses, according to a Reuters report.

Last Friday,...

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports