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Goldman Sachs Group Inc fails to make into Top 3 commodity banks

Megha Jain

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Image Credit: Facebook/@goldmansachs

For the first time, Goldman Sachs Group Inc fails to be among Top 3 commodity banks. As per research group, Coalition Development Ltd Goldman lost its place following a worst annual performance due to trading losses in natural gas and power. JPMorgan Chase & Co., Morgan Stanley and Citigroup Inc dragged Goldman to be the top performer in commodities revenues last year. Goldman has been ranked between 4th and 6th position.