Aussie bank and Bache are focused on commodities trading and clearing
Australian bank Macquarie has emerged as a
frontrunner to buy Jefferies Bache just weeks after the
commodities arm of the US group was put up for sale, according
Sources with knowledge of the matter said
the Australian bank, a market-leader in commodities trading, is
in talks with New York-based Jefferies over the acquisition of
the London-based Bache more than a month after Jefferies said
it was "pursuing strategic alternatives for this business".
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