JPMorgan May Exit Physical Commodities Business

Friday, 26 July 2013 03:25 PM EDT ET

JPMorgan Chase & Co. said it was considering a sale or a spin-off of its physical commodities business, including its holdings of commodities assets and its physical trading operations.

The bank will continue traditional banking activities in the commodity markets, it said in a statement.

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JPMorgan Chase & Co. said it was considering a sale or a spin-off of its physical commodities business, including its holdings of commodities assets and its physical trading operations.
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Friday, 26 July 2013 03:25 PM
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