花旗、高盛、 摩根士丹利和摩根大通的代表对大宗商品业务下滑前景不予置评。As market volatility weakens, the commodity trading business of the world's major investment banks may experience the worst year since before the outbreak of the pandemic.
According to data compiled by Coalition Greenwich, the combined net revenue of more than 250 companies, including Goldman Sachs, Citigroup, and J.P. Morgan Chase, will reach 10.6 billion US dollars this year, which is nearly one-fifth less than last year's total revenue.
Angad Chhatwal, head of global macro markets at Coalition Greenwich, said, “The trading boom is fading away, and revenue will drop a further 3% in 2025.”
Representatives from Citibank, Goldman Sachs, Morgan Stanley, and J.P. Morgan Chase did not comment on the prospects for a decline in the commodities business.
According to a person familiar with the matter who has not been authorized to make a public statement, Citi's North American commodity services division has added six members in the past 12 months, and Citi is still committed to developing this business.
