Goldman Sachs Keeps Top Spot in Commodities Revenue in 2016
- Major banks’ revenue from commodities sank even as prices rose
- Canadian and Australian lenders have expanded in commodities
This article is for subscribers only.
Goldman Sachs Group Inc. kept its top spot in commodities last year, bringing in more revenue than other banks even as earnings from the industry slumped.
JPMorgan Chase & Co. and Citigroup Inc. were ranked second and third respectively, according to a report from Coalition Development Ltd., a London-based analytics company.