HOTTER ON METALS: Who are the Reuben Brothers?

Just five years shy of entering the world of London Metal Exchange warehousing ownership, Goldman Sachs has sold the business to former titans of the aluminium industry.

The new owner of Metro International Trade Services is a business empire called the Reuben Brothers, run by two brothers, David and Simon, who are very familiar to metals industry veterans of the 1980s and 1990s. So who exactly are the Reuben Brothers? The publicity-shy brothers’ activities in metals date back to the 1970s, even before the formation of Trans-World Metals, the entity that really thrust them onto the metals trading scene. For over three decades from 1977 the pair ran Trans-World, which at its peak had investments that gave them control of as much as 5% of global aluminium...

Published

Andrea Hotter

December 23, 2014

01:31 GMT

New York