Goldman’s Commodity Revenue Plunges 75% To All-Time Low (Maybe Fire Up That Crypto Desk, Lloyd)

Goldman’s Commodity Revenue Plunges 75% To All-Time Low (Maybe Fire Up That Crypto Desk, Lloyd)

Well, if you were waiting on signs that Goldman is on the verge of turning things around in its struggling commodities unit, you might have to wait a little longer because Bloomberg just reported that according to "people familiar with the matter", commodities revenues for 2017 plunged 75% to the lowest on record. https://twitter.com/heisenbergrpt/status/953287879421292544 That's some rough shit right there, and it underscores just how dire the situation had become when the bank embarked on an
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