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JPMorgan gets $3.5bn after Mercuria buys its commodities unit

Cecilia Jamasmie | March 19, 2014 | 7:02 pm Base Metals Energy Precious Metals Europe Latin America Coal Copper Gold Iron Ore Silver 

[caption id="attachment_775211" align="aligncenter" width="600"] JPMorgan spent five years and billions of dollars building the banking world's biggest commodity desk.[/caption] JPMorgan Chase & Co (NYSE:JPM), the largest US bank, has finally gotten rid of its physical commodities unit, scoring a $3.5...

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