Friday, May 16, 2014

U.S. regional banks tip-toe into commodities as Wall Street faces shake-out

By Cezary Podkul and Anna Louie Sussman NEW YORK (Reuters) - Two years ago, Denver-based oil and gas driller Bonanza Creek Energy wanted to spread its credit risk and hedge its production - and it called on some regional Main Street banks to help do it. Ohio-based KeyCorp led the lenders and was also among the banks providing hedging. Traditionally, Wall Street's big banks were the go-to ...

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