Mitsui Bussan Commodities (MBC) has launched a new regulated subsidiary in Paris, France, to ensure continuity of service for clients after Brexit, it said on Thursday February 18.
The subsidiary is called Mitsui Bussan Commodities (France) SA (MBCF) and will aim to expand the company's pan-European capability now that the United Kingdom has left the European Union. The energy team are already providing hedging services to all European energy and emissions markets clients. MBCF has also commenced the hiring of a new metals team to...