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Macquarie Oil Traders Leave as Bank Restructures Commodity Units

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Macquarie Oil Traders Leave as Bank Restructures Commodity Units Several oil traders at Macquarie Group Ltd. have left the firm, with the departures coming as the bank merges two of its main commodity-trading units. The traders, who handle crude and refined products in Singapore, Geneva and elsewhere, departed in recent weeks, according to people with direct knowledge of the matter.

Macquarie Oil Traders Leave as Bank Restructures Commodity Units Several oil traders at Macquarie Group Ltd. have left the firm, with the departures coming as the bank merges two of its main commodity-trading units. The traders, who handle crude and refined products in Singapore, Geneva and elsewhere, departed in recent weeks, according to people with direct knowledge of the matter. They included Daniel Mortleman and Simon Fender in the Southeast Asian city-state, as well as Natalia de la Huerga and Marc Aguilar in the Swiss city, the people said.
Macquarie Oil Traders Leave (ORG) Bank Restructures Commodity (ORG) Macquarie Group Ltd. (ORG) Singapore (LOCATION) Geneva (LOCATION) Daniel Mortleman (PERSON) Simon Fender (PERSON) Southeast Asian (ORG) Natalia de la Huerga (PERSON) Marc Aguilar (PERSON) Swiss (ORG)
Originally published by Bloomberg Markets Read original →