Goldman Sachs Fourth-Quarter EPS Misses as FICC Trading Revenue Climbs

The transcript discusses the MDB charge and core trends in investment banking, highlighting Goldman's reporting changes and their impact on financial analysis. It covers debt fees, market strength, and interest rates, noting the strong performance of US banks. The discussion also touches on litigation provisions related to Goldman Sachs and future expectations for settlements and market volatility.

What challenges did Goldman Sachs face in explaining their EPS performance?

What implications could the Federal Reserve's actions have on the financial markets as discussed in the text?