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Goldman's commodity push under scrutiny after worst start to the year in a decade

Decline in profitability a blow for unit that has dominated global commodity markets
Thursday, July 6, 2017 - 05:50

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The commodities supercycle was over, investors were losing interest and regulators were clamping down on risky trading.

London

THE commodities supercycle was over, investors were losing interest and regulators were clamping down on risky trading. Most banks were retreating from commodities, but not Goldman Sachs Group Inc.

"That is a core, strategic business for us," chief executive officer Lloyd

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