Can Goldman Sachs Match Peers on Trading Revenue?

The transcript discusses the trading success of US banks and the rising expectations for Goldman Sachs. It compares Goldman Sachs with European banks, highlighting the challenges faced by the latter. The conversation also touches on potential bank mergers and the importance of cost-cutting strategies, especially in the context of European banks' struggles and the need for regulatory support for cross-border approaches.

What is the significance of the mention of Deutsche Bank in the context of U.S. banks?

What potential future actions are suggested for banks in Europe?