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JP Morgan Chase to end commodities trading

07-27-2013 • http://www.examiner.com/article/jp-morgan-chase-to

Capping off a week that saw increased scrutiny into the role large banks play in commodities trading, JP Morgan Chase & Co made a surprise announcement Friday that they plan to explore "a sale, spinoff or strategic partnership" for its physical arm, according to Reuters. The unexpected decision comes after a series of investigations into how large banks could be exploiting the commodities market.

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