UPDATE 1-Mitsubishi to shut Singapore oil-trading unit after losses by trader
Mitsubishi Corp, Japan’s
biggest trading group, said on Wednesday it will shut down its
Singapore-based crude oil and fuel trading unit following
revelations in September that a trader there racked up enormous
unauthorised trading losses.
biggest trading group, said on Wednesday it will shut down its
Singapore-based crude oil and fuel trading unit following
revelations in September that a trader there racked up enormous
unauthorised trading losses.
Posted by Reuters
