Goldman Sachs plans to resume talks with parties interested in buying its metals warehousing business now that new exchange rules have been released, a source familiar with the matter said Monday.
The talks with potential buyers, which are largely firms based outside the United States, are not part of a formal sales process, the source said.
Metro International Trading Services, which stores aluminium and other metals as part of the London Metal Exchange warehouse system, has been at the center of a controversy around Wall Street's ownership of physical commodity assets.
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That controversy heated up after the bank was accused of boosting wait times and prices for metals consumers, including makers of drink cans and cars.