Friday, June 6, 2014

China port probe into metal financing rattles banks, trade houses

* Chinese state-owned bank sends team to Qingdao port-source * Investigation into metal financing hits copper prices * Concern among banks over broader ramifications (Updating to add details about Citigroup (NYSE: C - news) in paras 12-14) SYDNEY/HONG KONG, June 5 (Reuters) - Global trading houses and banks are scrambling to check on their exposure to a probe into metal financing at China's ...



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