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LME appoints Oliver Wyman to oversee nickel crisis post-mortem
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fnlondon.comThe London Metal Exchange has selected Oliver Wyman to head the exchange’s independent review of its handling of the nickel crisis that saw the exchange wipe some $4bn in trades.
The consulting firm, along with its sister company Nera, will examine the events the peaked on 8 March, when a dramatic spike in nickel prices led the LME to halt trading and cancel the trades.
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