Friday, March 27, 2015

Goldman climbs to top commodity bank ranking over JP Morgan

Goldman Sachs became the top commodities bank last year, overtaking rival JP Morgan, a consultancy said on Friday. Goldman had the largest commodity revenues of any investment bank last year, financial industry analytics firm Coalition said in a report. It did not give a breakdown of commodity revenues for each bank in its ranking, which showed JP Morgan in second and Morgan Stanley in third place. Goldman has stuck with commodities while rivals such as JP Morgan have pulled back. more

No comments:

Post a Comment