Goldman Sachs' head of global commodities Ed Emerson will retire in March after more than 24 years at the Wall Street giant, according to a memo seen by Reuters. He will be succeeded by Xiao Qin and Nitin Jindal, who will jointly lead the firm's storied commodities business, according to a separate memo. A company spokesperson confirmed the contents of the memo. Revenue from Goldman's commodities business has been significantly lower in the first three quarters of 2023, according to the company's earnings filings. Still, the business has been a bright spot in results in recent years. Emerson, 47, will become an ... (full story)