LORD COPPER: Trump's Dodd-Frank rollback could revive banking's 'hokey-cokey' relationship with metals

摘要

"In out, in out, shake it all about" - not just a line from the Hokey Cokey, but a pretty accurate picture of the attitude of banks toward the metals (and general commodities) business during his career, Lord Copper reflects.Sometimes it's hot, sometimes it's not, and trading teams have been built, dismantled and built again with what often seems like gay abandon. But that all stopped after the Dodd-Frank Act (and the Volcker Rule within it) was passed in the aftermath of the 2008 debacle.