U.K. mining company Anglo American PLC (AAL.LN) has ended its 14-year corporate broking relationship with UBS AG (UBS), replacing it with Morgan Stanley (MS) and retaining Goldman Sachs Group Inc. (GS) as corporate broker, The Financial Times reported Monday, citing an Anglo American spokesman who confirmed the news.

UBS had been netting about a third of the fee pool, while Goldman Sachs had received about a quarter, the FT said.

Web site: www.ft.com

Write to nymonitoring@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Goldman Sachs (NYSE:GS)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Goldman Sachs Charts.
Goldman Sachs (NYSE:GS)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Goldman Sachs Charts.