Tuesday's Headlines: Bank Trading Moves To Commodities

eFC logo

U.S. banks are replacing lost revenues in areas such as fixed income by growing their commodities trading. [Financial News]

JPMorgan Chase boosted the stock payout to Chief Executive Officer Jamie Dimon's operating committee by 14 percent last year. [Bloomberg]

A new study indicates strong job growth in corporate banking and areas in private equity such as energy and clean-tech offerings.


Nearly 40 percent of IT contractors think the financial services sector will create the most IT jobs over the next 12 months.

[Computer Weekly]

Former Indiana Sen. Evan Bayh has joined the New York private equity firm Apollo Global Management. [Boston Herald]

MBA job postings were up 70 percent in December. [Bloomberg Businessweek]