Banks consider quitting food speculation due to role in global hunger

Rich Ricci, head of Barclays' corporate and investment banking arm, told British lawmakers on 28 November that public disapproval of food speculation may push his bank, the world's third-largest, to stop altogether.

"Market speculation is playing a role in global hunger. Now that science has made this clear, speculation should be unacceptable," said Yaneer Bar-Yam, president of the New England Complex Systems Institute.''