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JPM exits commodities business

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JPM exits commodities business

Postby 68Camaro » Sun Jul 28, 2013 1:36 pm

http://mobile.reuters.com/article/idUSB ... 6?irpc=932
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Re: JPM exits commodities business

Postby Country » Sun Jul 28, 2013 4:23 pm

Industry executives say that there are two likely types of buyers for these vast, capital-intensive businesses: private equity groups like Carlyle Group, which have recently moved into the space, and sovereign wealth funds like that of Qatar.

But the group could also be a target for one of several merchant traders looking to quickly expand into metals and energy markets.

WELL, I wonder who would receive the spinoff?
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Re: JPM exits commodities business

Postby John_doe » Thu Aug 01, 2013 6:49 pm

so it would seem. is this just physical or are they leaving the futures market also? :shifty:
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