Banks eye UBS' base metals trading team

摘要

Plenty of brokers and banks are taking a look at the books of UBS' base metals trading team, according to traders. Major banks, including the likes of Goldman Sachs, have cast a look across the category II London Metal Exchange member since the Swiss bank's decision to close the desk in October, according to a trader. It was hoped that UBS' trading team would succeed in moving together, but the chances of that happening might be receding, according to market participants.