Ole Hansen
Commodities have faced a torrid year and there’s no let up in sight warns Saxo’s Ole Hansen. While the price of crude has stabilised this week, Libya and the forthcoming OPEC meeting are keeping up the pressure. Other event risks including the ECB and FOMC meetings are also adding general commodity price pressures, he says.
Editor’s Picks 09 May 2014 at 11:11 GMT

Do big banks have a future in the face of technological revolution?

The Telegraph
The newly-announced jobs cuts at Britain's Barclays Bank should not be seen purely in terms of a mega-bank getting out of "nasty" investment banking. There is a bigger change getting underway, and not all the job losses are in investment banking. As Lionel Barber, editor of the FT, tweeted this morning, the real story on Barclays is the way that technology is eating up jobs in retail banking. In twenty years time, big banks as currently configured, employing vast numbers of people, may not exist at all, or on anything like the scale they do now, writes Iain Martin.
Read full article at The Telegraph
Raymondscott Raymondscott
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