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U.S. money-laundering probe hits Glencore shares

Tuesday, July 03, 2018 - 01:16

Glencore said a subsidiary had received a U.S. Department of Justice subpoena requesting documents and records on compliance with the Foreign Corrupt Practices Act and U.S. money-laundering statutes. As Sonia Legg reports, it sent shares in the commodities trader and miner down more than 10 percent in early London trade.

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Glencore said a subsidiary had received a U.S. Department of Justice subpoena requesting documents and records on compliance with the Foreign Corrupt Practices Act and U.S. money-laundering statutes. As Sonia Legg reports, it sent shares in the commodities trader and miner down more than 10 percent in early London trade.

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U.S. money-laundering probe hits Glencore shares

Tuesday, July 03, 2018 - 01:16