US Banking Giants Score $1T of Profits in a Decade

US Banking Giants Score $1T of Profits in a Decade

Assessment

Interactive Video

Business

University

Hard

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The video discusses the significant profits made by major banks over the past decade, highlighting the role of technology, COVID-19, and tax cuts. It features Malick Diop's career at Morgan Stanley and examines the future of banking profits amidst changing economic conditions. The video also analyzes the operations of top banks like JP Morgan, Bank of America, and others, emphasizing their dual roles in consumer and investment banking.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

Discuss the role of JP Morgan in the context of the banking industry's profitability. What makes it a prototypical bank?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of SPACs fading on the future of deal-making in banking?

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