JP Morgan and Mercuria reveal post-transaction plans

Other commodities moves at Icap, PetroChina, BAML & Evolution Markets

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Details of the future plans of JP Morgan and Mercuria emerged during May, giving a better idea of what the two firms would look like once the planned sale of the bank's physical commodities unit to the Switzerland-based trading house is complete.

For its part, JP Morgan has appointed two veteran traders – John Anderson and Michael Camacho – to co-head its commodities business after the resignation of New York-based global head of commodities Blythe Masters.

Although Masters is expected to stay o

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