Traders or Commodity Finance Banks? Part II

As we explained in Jacques, S and Simondet, A. (2016)“Traders or Commodity Finance Banks”

The frontier between traders and commodity finance banks is not as exactly clear as one might say.

The paper links the role of prepay with market risk. Continue reading

ThisisNoble’s Farewell

[IN FEBRUARY 2015, ICEBERG RESEARCH ISSUED A REPORT ALLEGING, AMONG OTHER THINGS, THAT: (I) NOBLE GROUP EXPLOITS THE ACCOUNTING TREATMENT OF ITS ASSOCIATES TO AVOID LARGE IMPAIRMENTS AND FABRICATE PROFIT; AND (II) CONTRARY TO WHAT NOBLE GROUP’S MANAGEMENT CLAIMS, THE … Continue reading