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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
Add BT as a preferred sourcePublished Wed, Jul 5, 2017 · 09:50 PM
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 Blankfein said in a 2013 interview with CNBC.
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