Derivatives House of the Year: Citi
As other banks nervously pull back, Citi is boldly pushing ahead
With so many major players withdrawing from all or part of the market during the past few years, commodity and energy trading suddenly seems like a hostile environment for investment banks.
But at a time when so many banks are scaling back their ambitions in commodity and energy derivatives, Citi stands out for a level of commitment that has baffled some of its less bullish rivals. As other banks nervously pull back, Citi is boldly pushing ahead.
In some ways, the current situation is a reversal
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