A number of Macquarie Group crude oil traders have left their jobs, and the bank is merging its two core commodity trading divisions. People familiar with the matter revealed that these traders are responsible for trading crude oil and refined oil products. Their offices are located in Singapore, Geneva, etc., and have left one after another in recent weeks. These include Daniel Mortleman and Simon Fender from Singapore, and Natalia de la Huerga and Marc Aguilar from Geneva. Sources said that Macquarie is integrating the two major trading divisions of Macquarie Bank and Macquarie Commodities Trading SA. The two teams traded similar types, but the combined positions were different; the people involved requested anonymity because they did not receive permission to speak out.

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