Tag:
LME
Latest Headlines
Latest Headlines
Big banks ponder the effects of LME sale
Metals warehousing and trading exploded as a big issue last year as lots of corporate ends users voiced complaints about the high prices of metals and the practices of big LME members, most notably
Goldman Sachs ordered to deliver metal faster
The London Metal Exchange (LME) has ordered Goldman Sachs, which owns a massively controversial 19-building metals warehouse in Detroit, to boost the rate at which it delivers metals for physical
JPMorgan, Goldman Sachs ensnared in warehouse wars
Goldman Sachs has been roundly criticized for its warehouse practices--recall that it owns Metro International, a 19-building structure in Detroit--and the effect they are having on metals
Metals warehousing is latest Golman Sachs controversy
The bull market in metals has been generating a lot of controversy recently, with much of it involving big banks. Recall, for example, that JPMorgan recently had to deal with all sorts of snide
