Home NEWSBREAK: SocGen closes prop, OTC commodities business, remains LME ring dealer via Newedge Société Generale will close its proprietary and over-the-counter (OTC) commodities business including its metals trading, as part of a global cost cutting exercise involving 1,600 job losses, the company said on April 9. The French bank is a category I London Metal Exchange dealer and plans to continue this activity through its brokerage arm Newedge Group, informed sources confirmed to Fastmarkets. SocGen is the latest... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Hassan Butt Amy Hinton April 09, 2019 15:10 GMT London Keywords Société Generale London Metal Exchange commodities trading Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
