As US banks downscale in commodities, emerging market competitors are stepping in, including the Russians. Sberbank and VTB, Russia’s two biggest banks (both state-owned), want to grab market share in commodities trading and financing, in and outside Russia. It’s partly in line with their growing sophistication and internationalization as banks.
Full article: http://www.euromoney.com/Article/3285155/CurrentIssue/90426/Russians-play-commodities-as-US-banks-retreat.html?
Advertising
Advertising
