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JPMorgan, Goldman eye sales of metal warehouse business

Posted on 15 July 2013

JPMorgan Chase & Co is following a move by rival Goldman Sachs Group Inc to explore sales of its metal warehouse business, the Financial Times said on Sunday. Citing people familiar with the matter, the newspaper said on its website on Sunday that both U.S. banks have in recent months informally started to seek potential buying interest for their warehouse units.
A Goldman spokesman said the firm has no comment. A spokeswoman at JPMorgan did not immediately return calls for comment………………………………………..Full Article: Source


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