MARKETS ALERT : Goldman Sachs Plans Cuts in Commodities Trading Unit - Kedai Saham
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Wednesday, February 6, 2019

MARKETS ALERT : Goldman Sachs Plans Cuts in Commodities Trading Unit

MARKETS ALERT : Goldman Sachs Plans Cuts in Commodities Trading Unit

Commodities trading at Goldman Sachs, once a huge moneymaker and a central part of the bank's DNA, is on the chopping block.

Goldman plans cuts to its commodities arm after a months-long review showed the business uses too much capital for too little profit, according to people familiar with the matter.

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