Wall Street traders post triple gains of European rivals
Europe’s biggest investment banks missed out on gains from commodities in quarter marked by oil swings
Europe’s biggest investment banks missed out on gains from commodities in quarter marked by oil swings

Commodity houses reinvest bumper profits from years of volatility to cement dominance

Record haul surpasses investment banks which once dominated Wall Street

Short positions rise sharply as traders eye economic fallout from Iran war

Volatility is keeping market-making desks active at a time when mergers and issuance have slowed

Executives brace for more challenging period ahead as interest rates fall

Investors hunt for winners in market that for years has lagged behind Wall Street’s rally