Jefferies Bache is to quit its presence on the London Metal Exchange's open outcry floor as it shifts its membership to category two or broker clearing member of the exchange, the LME said on Monday.
Goldman Sachs, which bought aluminum warehouse firm Metro International Trade Services in 2010, has received inquiries from potential buyers after the London Metal Exchange imposed new rules on how storage facilities operate, a person briefed on the matter said.
Confessions of a recruitment consultant.
JP Morgan was sued with Goldman Sachs over claims it restrained aluminum supplies and drove up prices.
Goldman Sachs and the London Metal Exchange are restraining aluminum supplies and driving up the metal’s price in violation of federal antitrust law, according to a lawsuit.
Hong Kong Exchanges and Clearing Limited (HKEx) and The London Metal Exchange (LME) announce today that Martin Abbott, HKEx’s Co-head of Global Markets and LME’s CEO, has tendered his resignation from the HKEx group.
Bethan Wilde, the only woman trader on the floor of the London Metal Exchange, was hired by Hong Kong Exchanges & Clearing Ltd. as senior manager of business development and strategy.
Barclays withdrew Thursday from floor trading on the London Metal Exchange, the world’s biggest metals bourse, as the bank reviews its businesses to cut costs.
Here's a few links to some interesting Bloomberg, New York Times and Reuters articles currently doing the rounds.
Here's a few links to some interesting Bloomberg, CNBC, New York Times and Reuters stories currently doing the rounds.