Fri, Jan 30, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Market Moves more

Goldman third quarter commodity revenue down ’significantly’ on second quarter

Posted on 18 October 2013

Goldman Sachs’ net revenues in commodities “declined significantly” in the third quarter from the previous three months, the bank said on Thursday, but reiterated its determination to remain in the physical trading business.
Speaking on the bank’s third-quarter conference call, Chief Financial Officer Harvey Schwartz said the firm’s commodity business had suffered from a difficult trading environment between June and September, a period when the bank came under intense political and regulatory pressure over its role in the natural resources supply chain………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39041 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
S M T W T F S
« Dec    
 123
45678910
11121314151617
18192021222324
25262728293031