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JP Morgan flees physical commodities trading

MINING.com Editor | July 26, 2013 | 8:49 pm Base Metals Energy Precious Metals Africa Asia Australia China Europe Latin America Coal Copper Gold Iron Ore Silver 

Amid intensifying pressure from regulators, JP Morgan Chase & Co will exit physical commodities trading, the bank said in a statement Friday. The bank says that it will now pursue "strategic alternatives" to physical commodities, "including its remaining holdings of...

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