Business & Finance
Inside Jefferies’ Months-Long Tussle With Glencore Over Radiant
Key Points
Inside Jefferies’ Months-Long Tussle With Glencore Over Radiant Executives at Jefferies Financial Group Inc. were sounding increasingly irate. For months, they had been pressing Glencore Plc for information about overdue payments linked to Radiant World, an iron ore trader that had become one of the most important customers of their Point Bonita trade finance unit.
Inside Jefferies’ Months-Long Tussle With Glencore Over Radiant
Executives at Jefferies Financial Group Inc. were sounding increasingly irate.
For months, they had been pressing Glencore Plc for information about overdue payments linked to Radiant World, an iron ore trader that had become one of the most important customers of their Point Bonita trade finance unit.