Tue, Sep 2, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Market Moves more

UBS commodities division sold

Posted on 19 January 2009

From FT: UBS completed its exit from its non-core commodities trading activities with the sale to Barclays Capital of outstanding positions in its base metals, oil and US power and gas businesses. No price for the transaction, which the bank expects to complete by the end of the second quarter, was disclosed.

A precise value for the deal will depend partly on the profit or loss at closure of the positions being transferred….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 36729 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930