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Goldman said to hire new commodities traders

Lloyd Fonzie Blankfein

Goldman Sachs hired traders from Glencore and hedge fund Moore Capital Management as the bank seeks to rebuild its bulk commodities team following a string of departures, according to people familiar with the situation.

HSBC said considering shock US move

HSBC Canary Wharf

HSBC, which has threatened to move its headquarters out of the UK amid concerns over excessive tax, is eyeing the US as a serious alternative to its traditional home of Hong Kong, according to reports.