Anglo American shrinks trading unit as part of major restructuring

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MINING giant Anglo American Plc is shrinking its trading operations as part of a restructure unveiled as it fought off a bid from rival BHP Group earlier this year.

Around 10 people in Anglo American’s London and Singapore offices have left the firm in recent weeks as their roles have been cut, according to people familiar with the matter.

 The departures include head of metals origination Sebastian Castelli and head of structured origination Mark Sainsbury.

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