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Citibank acquires Deutsche commodities trading book

Cecilia Jamasmie | October 21, 2014 | 3:15 pm Base Metals Energy Precious Metals Australia Europe Latin America Coal Copper Gold Iron Ore Silver Uranium 

[caption id="attachment_804252" align="aligncenter" width="600"] Citi isn’t expanding into trading physical commodities.[/caption] Citigroup Inc. (NYSE:C) has expanded its presence in in the commodities business by buying out Deutsche Bank AG ’s metals- and energy-trading books, Reuters reports. While Citi isn’t expanding into...

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