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JPMorgan Exits Physical Commodity Trading

Raymond J. Learsy | Posted 09.28.2013 | Business
Raymond J. Learsy

Quite dramatically, being the biggest bull in the China shop, JPMorgan Chase made the striking announcement this past week that it would quit trading in physical commodities.

Did The Largest Commodities Broker In The World Supply Iran's Nuclear Program?

Reuters | Posted 05.02.2013 | World

By Louis Charbonneau UNITED NATIONS, March 1 (Reuters) - Commodities giant Glencore supplied thousands of tons of alumina to an Irani...

JPMorgan Banker Resigns To Fight Insider Fine

Reuters | Posted 06.03.2012 | Business

* JP Morgan Global Chairman of Equity Capital Markets steps down * Ian Hannam says resigns to fight FSA accusation of market abuse ...

Xstrata: fusion de 90 milliards $

PC | The Associated Press | Posted 04.08.2012 | Home

LONDRES - La compagnie minière Xstrata et le négociant de produits de base Glencore International ont convenu d'une fusion de 90 milliards $ qui cr...

Big Banks Find Ways Around New Metal Warehouse Rules

Reuters | Posted 04.07.2012 | Business

* Goldman, Glencore plan to hike warehouse rents by 10 percent * Rent rises coincide with LME rules for higher minimum load-out rates...

Commodity Trader's Record IPO Makes Muted Market Debut

Posted 07.19.2011 | Business

LONDON (Clara Ferreira-Marques and Kylie MacLellan) - Commodities trader Glencore (GLEN.L) made a steady market debut on Thursday, with shares trading...

Simon Johnson: Fear Companies Lurking In Dark Financial Shadows

Bloomberg | Simon Johnson | Posted 07.16.2011 | Business

On the face of it, Glencore International AG doesn't look too scary. With about $80 billion in assets, the Swiss-based commodities trader is a lightwe...

After IPO, Glencore CEO's Stake May Be Worth Nearly $10 Billion

Bloomberg | Christine Harper, Zijing Wu and Elisa Martinuzzi | Posted 07.04.2011 | Business

Glencore International AG’s initial public offering may value Chief Executive Officer Ivan Glasenberg’s stake at $9.6 billion, more than Google In...

Commodity Trader Plans Huge IPO, But Not Everyone's Convinced

Posted 07.04.2011 | Business

HONG KONG/LONDON (Elzio Barreto and Clara Ferreira-Marques) - Top commodity trader Glencore sought a strong debut for this month's share offering, cap...

Commodity Trader Glencore Aims For High IPO

Posted 06.14.2011 | Business

HONG KONG/LONDON (Elzio Barreto and Clara Ferreira-Marques) - Top commodity trader Glencore aims to raise up to $12.1 billion with a dual listing that...

The 'Biggest Company You've Never Heard Of' Is About To Go Public

Posted 05.25.2011 | Business

BAAR, SWITZERLAND (By Eric Onstad, Laura MacInnis and Quentin Webb) - On Christmas Eve 2008, in the depths of the global financial crisis, Katanga Min...

Why Sanctions Against Iran Will (Almost Surely) Fail

Daniel Ammann | Posted 05.25.2011 | World
Daniel Ammann

There will always be the need for hard currency. There will always be national interests. There will always be traders like Marc Rich.