End of an era as Masters leaves JP Morgan
Other commodities moves at Barclays, Citi, Goldman and Shell
Blythe Masters, New York-based global head of commodities at JP Morgan, is leaving the bank after 27 years "to take some well-deserved time off and consider future opportunities", according to an April 2 memo to bank employees. Masters will continue working with JP Morgan for several months to help oversee the sale of the bank's physical commodity trading assets to Switzerland-based trading firm Mercuria, says the memo, a copy of which was obtained by Energy Risk. JP Morgan is still determining
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