Trump Asks JPMorgan Boss for ‘Thank You’

The video discusses the influence of a JP Morgan executive at the White House and the bank's record-breaking profits. It highlights a pullback in bank stocks and shifts focus to Goldman Sachs, which has outperformed its peers in stock price and earnings. Goldman Sachs experienced a significant increase in trading revenue and took a charge related to the 1MDB scandal, indicating progress towards settlement.

What was the context of Trump's remarks regarding JP Morgan?

• A conversation about the stock market crash

• A meeting with JP Morgan's CEO

• A discussion about the bank's record profit

• A press conference about new banking regulations

Which bank was highlighted for outperforming its peers in stock price over the past five years?

• Goldman Sachs

• Bank of America

• JP Morgan

• Citibank

What was the percentage increase in Goldman's fixed income trading revenue?

• 12%

• 33%

• 45%

• 63%

What financial charge did Goldman Sachs take related to the 1MDB scandal?

• $500 million

• $1.1 billion

• $2 billion

• $750 million

What was the overall increase in Goldman's trading revenue?

• 33%

• 63%

• 12%

• 45%