Business & Finance
Commodity Volatility Spurs Regional US Banks to Offer Hedging
Key Points
Banking Commodity Volatility Spurs Regional US Banks to Offer Hedging For years, regional US banks lent money to commodities clients, only to watch them take their lucrative hedging activity to Wall Street. Now the regionals want to grab more of a booming business. At least three mid-sized regional banks — Texas Capital Bancshares Inc., Bank OZK and Flagstar Bank NA — have either added commodities hedging desks, launched new products or are planning expansions this year.
Banking
Commodity Volatility Spurs Regional US Banks to Offer Hedging
For years, regional US banks lent money to commodities clients, only to watch them take their lucrative hedging activity to Wall Street. Now the regionals want to grab more of a booming business.
At least three mid-sized regional banks — Texas Capital Bancshares Inc., Bank OZK and Flagstar Bank NA — have either added commodities hedging desks, launched new products or are planning expansions this year.