We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Glencore Sachs

22 February 2011 By Hugo Dixon

When the Wall St bank went public in 1999, 221 partners shared $16 bln. The Swiss commodity group’s 500 partners could share $60 bln an average of $120 mln when it floats. As with Goldman back then, the current Glencore generation will scoop up the entire franchise value.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)