It is an unexpected turn for a man who seemed to be clinging on tightly and... Noble Group’s patriarch is walking away with scraps as the company he created is pulled to pieces. Investors are left wanting the one thing the company needs: a vote of confidence. The embattled commodities trader said Thursday that Richard Elman, the former scrapyard worker who helped found the company three decades ago, would leave within the next year.

Source: Wall Street Journal June 03, 2016 09:56 UTC