1. Rubber barons.
- Subjects
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COMMODITIES brokerage , *ECONOMIC competition , *BANKING industry , *BANKING laws , *PREVENTION of money laundering , *INSTITUTIONAL investors , *RATE of return , *BANK capital , *ECONOMICS , *FINANCE - Abstract
The article focuses on competition in the commodity trade finance industry due to European banks shifting their activities on activities that produce the highest returns for the least capital. It states fines for abetting suspect transactions and new regulations that cap leverage at banks have limited how large bank balance-sheets can grow. It reports vetting new customers to comply with money-laundering laws can reach 75,000 dollars. It mentions institutional investor financing of commodities.
- Published
- 2015