Goldman Ranked No. 1 in Commodities in 2012, JPMorgan Second

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Goldman Sachs Group Inc. ranked No.1 in commodities revenue in 2012, according to analytics company Coalition.

JPMorgan Chase & Co. had the second-biggest revenues from commodities and Morgan Stanley came third, London-based Coalition said in a report e-mailed today. Spokesmen for the three banks declined to comment. Barclays Plc and Bank of America Merrill Lynch were the strongest performers when measured against 2011 returns, according to the report.