4 Charts to Know: Goldman, BofA Tripped By FICC

The video tutorial analyzes the trading revenue and share price trends of Bank of America and Goldman Sachs, highlighting the impact of corporate tax reform. It discusses the decline in trading revenue for both banks, with Goldman Sachs experiencing its worst fall since the financial crisis. The video also compares revenue and earnings, noting significant charges due to tax reform. Additionally, it provides an overview of corporate tax rates for major banks and a performance snapshot of these banks over the past six months.

What was the percentage fall in fixed income trading revenue for Bank of America?

• 13%

• 10%

• 15%

• 20%

Which bank experienced its worst fall in fixed income trading revenue since the financial crisis?

• Wells Fargo

• Citibank

• Goldman Sachs

• Bank of America

How much did Goldman Sachs' earnings fall due to tax reform charges?

• $6.2 billion

• $5.1 billion

• $4.4 billion

• $3.5 billion

What is the new corporate tax rate for Bank of America?

• 25%

• 20%

• 15%

• 30%

Which bank had the lowest corporate tax rate among those reported?

• Wells Fargo

• JP Morgan

• Citibank

• Bank of America