Two of Goldman Sachs’ executives, along with executives from JPMorgan Chase and Morgan Stanley, will appear at a hearing on Thursday that will examine the role that Wall Street banks play in the commodities markets, the New York Times DealBook blog reported today. The hearings are the culmination of a two-year investigation by the Senate’s Permanent Subcommittee on Investigations. The first of three panels at Thursday’s hearing will include the president and chief executive of Metro International Trade Services, Christopher Wibbelman, along with Jacques Gabillion, the head of Goldman’s global commodities principal investment group. Simon Greenshields, global co-head of commodities at Morgan Stanley, and John Anderson, co-head of global commodities at JPMorgan Chase, are also scheduled to appear at the hearing. On Friday, regulators responsible for overseeing the commodities markets will testify.
