Legal
Banks’ Glencore Exposure Is a $100 Billion ‘Gorilla,’ BofA Says
Global financial firms’ estimated $100 billion or more exposure to Glencore Plc may draw more scrutiny as regulatory stress tests approach after the commodity giant’s stock plunge this year, according to Bank of America Corp. Bank shareholders and regulators may be concerned that Glencore’s debt and trade finance deals, of…
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