"The bank will continue to trade coal, commodity indices, oil, metals and US power & gas from its Houston, London, New York and Singapore offices," the spokesperson said.
(Reporting by Karolin Schaps; editing by Keiron Henderson)
Market Closed -
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After market 19:04:59 | |||
43.98 USD | -0.34% | 44.12 | +0.32% |
07-17 | Citizens Financial profit beats estimates on strong capital markets | RE |
07-17 | Barclays Adjusts Price Target on Bank of America to $49 From $43, Maintains Overweight Rating | MT |
LONDON (Reuters) - Bank of America Merrill Lynch has closed its European power and gas desk following low demand for power and gas hedging and regulatory changes, a company spokesperson said on Tuesday.
"The bank will continue to trade coal, commodity indices, oil, metals and US power & gas from its Houston, London, New York and Singapore offices," the spokesperson said.
(Reporting by Karolin Schaps; editing by Keiron Henderson)
1st Jan change | Capi. | |
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+30.62% | 342B | |
+27.50% | 617B | |
+14.14% | 268B | |
+23.75% | 207B | |
+15.77% | 172B | |
+17.85% | 178B | |
+5.33% | 158B | |
+14.42% | 158B | |
+18.66% | 150B | |
-5.53% | 147B |