JPMorgan seeks alternatives for physical commodities ops

Jul 26, 2013 | 03:53 PM | Andrea Hotter

Tags  JP Morgan Chase & Co., metals, energy, physical commodities, trading operations, strategic alternatives, sale, spinoffs strategic partnerships

NEW YORK — JPMorgan Chase & Co. is pursuing strategic alternatives for its physical commodities business, including its remaining holdings of commodities assets and its physical trading operations.

The company said it had concluded an internal review of the businesses, which include its Henry Bath metals warehousing operations, and that it plans to explore a number of options. ....

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