China's ICBC closes commodity-linked products to new investment

SHANGHAI/BEIJING (Reuters) - Industrial and Commercial Bank of China (ICBC) has suspended access for new investors to retail products linked to commodity futures due to extreme market volatility, including U.S. oil futures crashing below zero. Investors already holding ICBC's commodity-linked retail products will not be able to add to their positions from Tuesday, but existing positions can be traded as normal, the bank said on its website on MondayOil prices have plunged this year due to..