fingers crossed that it is a blessing in disguise
ML is a Barclays and assoc war horse, same as JPM
so I would guess it all boils down to how much of gbg is now in the Barclay web and is that enough for them.
I would not be surprised if Ansteel has Barclay ties also. in the late nineties the international banksters moved into china and instigated what we are now witnessing /rise of china