Goldman Sachs Profit Soars 47% on Bond-Trading Revenue

Goldman Sachs Profit Soars 47% on Bond-Trading Revenue

Assessment

Interactive Video

Business

University

Hard

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Quizizz Content

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The video discusses financial estimates and actual revenue figures, highlighting a significant beat in earnings per share. It analyzes Fick trading and equity trading numbers, noting a strong performance in fixed income but weaker equity trading. Michael Moore provides expert analysis, indicating that the results align with peers and discussing cost management strategies, particularly focusing on reducing non-comp expenses. The video concludes with a discussion on the potential need for a revenue rebound to sustain returns.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What adjustments were mentioned regarding earnings per share?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What trend was observed in equity trading compared to the last quarter?

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