China Construction Bank Gets Reprieve on Metal Margin Calls | article by Jack Farchy - Upcarta

China Construction Bank Gets Reprieve on Metal Margin Calls

Article
Mar 8, 2022
#Banking

Jack Farchy

Read on www.bloomberg.com

LME has given CCBI Global Markets more time to make payment
Margin calls were in the hundreds of millions of dollars

Mentions

Javier Blas @JavierBlas · Mar 8, 2022

Post
From Twitter

BOOM!!! Nickel prices surge above $100,000 a tonne on a huge metal short-squeeze. The London Metal Exchange has given a unit of China Construction Bank Corp. extra time to pay $$$$ in margin calls it missed Monday. Do follow @jfarchy for more and read this