Goldman Sachs reiterates commitment to physical commodities trading

Banker Goldman Sachs has reiterated its commitment to physical commodities trading but said it has no current plans to acquire additional physical assets.

Greg Agran, co-head of the company’s global commodities group, was responding to a question asked by US Senator Carl Levin during a hearing in Washington DC on the role of banks in physical commodities. The bank has come under scrutiny for its activities in aluminium, uranium and coal. Agran said that despite the increased regulatory...

Published

Andrea Hotter

November 20, 2014

22:28 GMT

New York