Sentences with phrase «physical commodity businesses»

Even though Goldman Sachs and Morgan Stanley have argued that their physical commodity businesses should be grandfathered, both are moving to sell or spin out some parts.

Blythe was previously a senior executive at J.P. Morgan which she left in 2014 after a career spanning 27 years, following the successful sale of the bank's physical commodities business which she built between 2007 and 2014.

Simpson Thacher & Bartlett and Cadwalader Wickersham & Taft are advising on the sale of JPMorgan's physical commodities business to Mercuria Energy Group for $ 3.5 bn.

Not exact matches

Three months later, with broader pressure mounting over Wall Street's involvement in the raw materials supply chain, JPMorgan would put its entire physical commodity trading business on the block.

Gunvor Group Ltd. is giving up trading physical precious metals less than a year after the commodity house started a business dedicated to buying and selling gold.

A rash of new regulations, meanwhile, have prompted Wall Street firms to exit from once - lucrative businesses such as energy trading and storing and transporting physical commodities.

** JPMorgan Chase & Co's commodity trading arm is looking to sell more of the electricity deals it has with U.S. power plants and wind farms, a source familiar with the business said on Wednesday, at a time when Wall Street's involvement in physical commodity markets is under heightened scrutiny.

J.P. Morgan and Morgan Stanley both are in the process of exiting from the business of storing physical commodities.

Advising Mercuria Energy Group Limited on its acquisition of JPMorgan's physical energy and commodities business.