Goldman Tops Estimates on Record Year for Stock Traders

Goldman Tops Estimates on Record Year for Stock Traders

Assessment

Interactive Video

Business

University

Hard

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The video discusses a company's impressive fourth quarter revenue of $13.87 billion, surpassing the $12.37 billion estimate. It highlights the success in equities trading, with earnings exceeding Wall Street expectations by $1.5 billion. The company is gaining market share, partly due to record financing and equities fees. Investment banking and underwriting are also performing well, with expectations of a rebound. A new unit, Capital Solutions, has been created to enhance client borrowing capabilities, focusing on both traditional and private market underwriting.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the reported fourth quarter revenue compared to the estimate?

14.00 billion against an estimate of 13.00 billion

12.00 billion against an estimate of 11.00 billion

13.87 billion against an estimate of 12.37 billion

12.37 billion against an estimate of 13.87 billion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much more did the company bring in from equities trading than Wall Street expected?

500 million

1.5 billion

1 billion

2 billion

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What aspect of the company's performance is highlighted in the second section?

Decline in trading fees

Loss in investment banking

Decrease in market share

Record financing and equities fees

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the purpose of the new unit called Capital Solutions?

To reduce client borrowing

To enhance client borrowing capabilities

To focus on traditional underwriting only

To decrease market share

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy is the company employing in underwriting?

Focusing solely on traditional underwriting

Avoiding private market underwriting

Combining traditional and private market underwriting

Reducing underwriting activities