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US banks expand metals teams

Leading US banks are expanding their metals trading and analysts' desks following increased price volatility since Russia’s invasion of Ukraine in February and rate hikes by the US Federal Reserve.

US banks expand metals teams US banks expand metals teams US banks expand metals teams US banks expand metals teams US banks expand metals teams

US banks expands metals trading

Bank of America and Morgan Stanley have hired for their metals divisions while Deutsche Bank is considering a return to the business it abandoned just under a decade ago, Bloomberg reported.