JP Morgan to buy MF Global stake in LME
Posted: Wed Nov 23, 2011 10:59 amMore consolidation of power and control for the metal manipulators. JP Morgan will become the biggest shareholder in the London Metal Exchange, with ~11% stake. GS is the next biggest shareholder of LME, with a 9.5% stake.
http://www.ft.com/intl/cms/s/0/f85f7be2 ... z1eS2bQB3R
http://www.ft.com/intl/cms/s/0/f85f7be2 ... z1eS2bQB3R