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Radiant World faces pressure as banks freeze funds and miners cut ties
Deutsche Bank, KBC Group froze Radiant World's Singapore accounts as Rio Tinto, Vale, and Glencore halted business over documentation concerns.
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swissinfo.ch
Glencore Has Taken a Provision on Radiant World Exposure
(Bloomberg) -- Glencore Plc said it has taken a provision on its exposure to iron ore trader Radiant World but that the exposure was not material to the company.
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Glencore Takes Provision on Exposure to Trader Radiant World
(Bloomberg) -- Glencore Plc said it has taken a provision on its exposure to iron ore trader Radiant World and confirmed it has stopped doing any new business with the firm.
