Jeff Benjamin

Investment Insights: The Blogblog

Jeff Benjamin breaks down the game for advisers and clients.

Barclays looks like the latest bank to back away from commodities trading

Plus: Goldman hangs tough in the commodity-trading arena, getting esoteric with income investing, riding on an M&A high, and IRS bonuses whether you've paid your taxes or not

Apr 23, 2014 @ 7:54 am

By Jeff Benjamin

CCI.DFP.current_layout = 'article-free';

  • Barclays may be cutting 7,500 jobs as it tries to improve returns in its securities unit. Call it the latest blow to Europe's fixed-income, currencies and commodities business. Under pressure at the U.K.'s second-largest bank

  • Meanwhile, Goldman Sachs is ready to pick up the scraps in the commodity-trading business as big-bank competitors walk away. The business gets less competitive

  • Income by any means necessary. When the going gets tough, some income investors get esoteric. Investment trusts, convertibles, and loans

  • Wall Street is riding high on the latest M&A buzz. A growing list of announced deals

  • When the IRS awards itself bonuses, the bar is set low. Apparently, a record of disciplinary actions and even owing back taxes won't prevent an IRS staffer from cashing in come bonus time. In 2012, 68,000 workers got bonuses totaling $86 million

  • 0

    What do you think?

    View comments

    Recommended for you

    Featured video


    CAIS's Brown: Big trends in wealth management

    One of the biggest trends of 2017 was traditional institutional asset managers aiming their services at RIAs. How will this impact 2018? Matt Brown of CAIS explains.

    Video Spotlight

    Help Clients Be Prepared, Not Surprised

    Sponsored by Prudential

    Recommended Video

    Path to growth

    Latest news & opinion

    House and Senate reach tentative compromise for tax overhaul

    Lawmakers still need to get a cost analysis of their agreement, so it's not yet definite, according to a source.

    Advisers' biggest fears for 2018

    What keeps advisers up at night.

    One adviser's story of losing his son to the opioid epidemic

    John W. Brower, president and CEO of JW Brower & Associates, shares the story behind his son's death from a heroin overdose and how it inspired him to help others break the cycle of addiction.

    Tax reform will boost food, chemicals, rail stocks. Technology? Not so much

    Conagra and Berkshire Hathaway are two stocks that should benefit most from changes in the tax code.

    Brace for steepest rate hikes since 2006 in new year

    Citigroup, JPMorgan Chase predict average interest rates across advanced economies will climb to at least 1 percent in 2018.


    Subscribe and Save 60%

    Premium Access
    Print + Digital

    Learn more
    Subscribe to Print