Best commodities house
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Best commodities house

Morgan Stanley: Experience and long-term relationships combined with physical trading and financing capacity were more important than ever in a year of unprecedented commodity-price volatility

Also shortlisted in this category:
Barclays Capital, Deutsche Bank, JPMorgan

Recent events have made ever more obvious the growing importance of risk management in commodities. Indeed, one of the biggest private companies in the US, Semgroup, had to file for bankruptcy last summer because of trading losses in the oil futures market.

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