Glencore may consider switching main listing to U.S., Deutsche Bank says (OTCMKTS:GLCNF)

Glencore may consider switching main listing to U.S., Deutsche Bank says (OTCMKTS:GLCNF)

thamerpic/iStock Editorial via Getty Images

Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) may consider switching its primary listing from London to New York, Deutsche Bank analysts predicted Tuesday, in what would be the most high-profile exit from the U.K. exchange so far.

Glencore’s (OTCPK:GLCNF) (OTCPK:GLNCY) primary listing could come into focus following a lack of shareholder support for a previous plan to spin off its profitable coal business and list it separately in New York, the bank said.

The post Glencore may consider switching main listing to U.S., Deutsche Bank says (OTCMKTS:GLCNF) first appeared on Investorempires.com.

 

Bitcoin ETF Alert: Analyst Issues Major Warning – Brace For Impact | Investorempires.com

Read More | Samson Mow, a well-known Bitcoin advocate, has expressed his belief that the latest outflows will eventually reverse, cautioning the crypto community to “plan accordingly.” Responding to concerns raised about potential decreases in Bitcoin’s price due to negative market sentiment, Mow emphasized the fundamental drivers of the leading cryptocurrency, highlighting its ultimate scarcity […]