Noble Group struggles as more senior traders exit

High-profile departures are the new norm.

Noble Group Ltd's senior U.S. metals traders Scott Evans and Jeff Romanek have left the company, four sources said on Tuesday, according to a report by Reuters.

This is the latest in a string of high-profile departures as the Asian commodities trader battles weak metals and oil prices.

The departures come as Asia's biggest commodity trader seeks to shore up its balance sheet and reduce its exposure to capital-intensive operations like trading copper, and returns to its historic roots in aluminum and alumina.

Both traders were hired as part of the company's recent years-long push into copper, zinc, lead and nickel. Evans joined 2-1/2 years ago from Goldman Sachs and Romanek followed from the Wall Street bank in April last year.

Read the full report here.

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