Ivan the Terrible?21 Dec 2020 10:27
Troajan,
This week's Private Eye has a small article about Glencore. They note that Ivan will be stepping down as Chief Executive and leave the board in the first half of 2021, increasing speculation that a deal has been done with the authorities. They say:
"The usual price for agreement with the DoJ and SFO is that the company's previous management must have left.... is expected to include a possible multi-billion-dollar fine."
OUCH?