Josephine Mason

Exclusive: DOJ starts probe into Wall St. metals warehousing – sources

August 24, 2021 at 6:38 p.m.

NEW YORK (Reuters) - The U.S. Department of Justice has started a preliminary probe into the metals warehousing industry following complaints that storage firms owned by Wall Street banks and...

Exclusive: Glencore’s top aluminum exec to leave, first exit since takeover-sources

August 24, 2021 at 3:10 p.m.

NEW YORK (Reuters) - Glencore Xstrata's head of aluminum, Gary Fegel, is set to leave the company, three sources said, the first high-profile departure since commodity trading giant Glencore closed...

Exclusive: Goldman explores sale of Metro metals warehouse business

August 24, 2021 at 7:26 a.m.

NEW YORK (Reuters) - Goldman Sachs has explored a sale of its metals warehousing business Metro International LLC, three sources with knowledge of the matter told Reuters, just three years...

Goldman’s senior metals trader Evans leaves bank: sources

August 24, 2021 at 6:54 a.m.

NEW YORK (Reuters) - Goldman Sachs' senior physical metals trader Scott Evans has left the U.S. investment bank in New York, becoming the second high-profile member of the physical base...

Insight: Cotton market trust crumbles on defaults, lawyers pounce

August 24, 2021 at 2:53 a.m.

NEW YORK (Reuters) - The global cotton trade, which still operates on handshakes and trust to the astonishment of hard-bitten operators in other commodities markets, might lose much of that...

Insight: As cotton surged, China trader amassed $510 million bet

August 22, 2019 at 10:59 a.m.

NEW YORK (Reuters) - A landmark U.S. fine for excessive speculation in the benchmark cotton futures market has revealed a startling new dimension to last year's blistering winter price rally:...

New Orleans metals warehouses aim to restart after weekend

August 23, 2021 at 6:16 p.m.

NEW YORK (Reuters) - Some metals warehousing companies are preparing to reopen for business in New Orleans after the U.S. Labor Day weekend once they have repaired minor damage to...

New Orleans metals warehouses aim to restart after weekend

December 24, 2018 at 8:12 p.m.

NEW YORK (Reuters) - Some metals warehousing companies are preparing to reopen for business in New Orleans after the U.S. Labor Day weekend once they have repaired minor damage to...

CME tests support for aluminum contract to rival LME: sources

December 24, 2018 at 5:53 p.m.

NEW YORK/LONDON (Reuters) - CME Group Inc has canvassed traders in recent weeks about the viability of an aluminum contract to rival that of the London Metal Exchange, which has...

Analysis: Jefferies poised for promotion into metals’ top league

December 24, 2018 at 5:11 p.m.

NEW YORK/LONDON (Reuters) - U.S. investment bank Jefferies Group Inc is preparing to make its next big move into the global commodities markets, seeking membership on the London Metals Exchange...

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