Goldman Sachs Reports Small Fixed-Income Trading Gain

The transcript discusses trading revenue, focusing on Fick trading's underperformance compared to estimates and other banks like Bank of America. It highlights the impact on earnings per share and the business mix, noting that Fick trading constitutes a significant portion of the business. Despite Goldman Sachs increasing its dividend, the stock performance was negatively affected. The discussion also touches on investor concerns and comparisons with other banks' performances.

What was the total trading revenue reported?

• $1.67 billion

• $3.36 billion

• $5.15 billion

• $1.69 billion

How did the Fick trading results compare to estimates?

• Above estimates

• Met estimates

• Below estimates

• Not reported

What percentage of the business does Fick trading represent?

• 20%

• 30%

• 40%

• 50%

What was the change in Goldman Sachs' quarterly dividend?

• $0.15 increase

• $0.05 increase

• $0.10 increase

• No change

Which bank showed better performance in fixed trading compared to the discussed bank?

• JP Morgan

• Wells Fargo

• Bank of America

• Goldman Sachs