US-based investment bank Goldman has been among the top three since Coalition started compiling the figures in 2010

LONDON: Goldman Sachs lost its place among the top three earners of commodities-related revenue in 2017, falling below rivals JPMorgan, Morgan Stanley and Citibank for the first time, data from analytics firm Coalition showed.

US-based investment bank Goldman has been among the top three since Coalition started compiling the figures in 2010, having a long-standing reputation for generating revenue from commodities trading, derivatives and other activities.

However, last year Goldman’s commodities business posted one of its worst results on record and it …