| Investment bank Goldman Sachs grabbed the top spot for commodities trading revenue in 2012 in a year when lower market volatility and tighter regulation crimped trading profits. The research report released on Thursday by London-based industry analytics firm Coalition showed Goldman's commodity revenue beat JPMorgan Chase and Morgan Stanley , which ranked No. 2 and No. 3 in 2012.
Bank of America Merrill Lynch and Barclays were the two strongest performers in generating commodities revenue year-on-year in 2012, Coalition said. The report highlights how global investment banks fared in a particularly difficult year as clients' trading activity in commodities shrank on increasing concerns of regulation and capital requirement following the collapse of MF Global........................................Full Article: Source
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