Friday, May 16, 2014

Citi builds commodity trade finance as others retreat

* Citi to move into agricultural trade finance this year * Exit of JP Morgan (Other OTC: JPYYL - news) , Morgan Stanley (Berlin: DWD.BE - news) provides opportunities LONDON, May 16 (Reuters) - Citigroup (NYSE: C - news) plans to double its commodities trade finance team within the next three years as it seeks to benefit from a retreat by some rival banks, the head of the business said ...



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