Marine Link
Saturday, April 1, 2023

JPMorgan Hires Former Glencore Crude Trader

Maritime Activity Reports, Inc.

November 19, 2014

JPMorgan Chase & Co has hired Edwin Tay, formerly with Glencore, as a senior crude oil trader in Singapore, industry sources said on Wednesday.

Tay starts with the U.S. bank in January, they said. JPMorgan declined comment.

JPMorgan completed the sale of its multibillion-dollar physical commodities unit to Mercuria last year. The divestment was due to rising regulatory and political pressure in the United States while the bank wanted to focus on its core business of lending.

Reporting by Florence Tan

Marine News explores the challenges facing operators on America’s inland waterways system and the work being done to address them.
Read the Magazine

Steps to Take Now for New Maritime Infrastructure Funding Opportunities

Keep it Moving: Corps Dredges Log Record Seasons to Combat Drought Impact

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week