Deutsche Bank with Johnson Matthey signed an agreement storage of physical metals

Deutsche Bank is extending its physical metals capabilities having signed an agreement with Johnson Matthey for custody and storage of physical platinum and palladium ingots and plates.

Insurance Broker-Bank Fee Income Up 9% in 2011

Bank holding company insurance-brokerage-fee income rose more than 9 percent last year compared to 2010, reaching record levels of close to $8 billion, according to a recent report measuring bank-insurance activity.

JPMorgan Veered From Hedging Practices at Competing Banks

JPMorgan Chase & Co. (JPM)’s biggest U.S. competitors say their corporate investment offices avoid the use of derivatives that led to the bank’s $2 billion loss and buy fewer bonds exposed to credit risk.