Mayo: Big Banks Have Turned the Page

The video discusses the current state of the banking industry, focusing on liquidity and solvency issues, particularly in big banks like Goldman Sachs. It highlights Goldman Sachs' strategic pivot and the challenges faced in investment banking. The video also examines bank valuations, market trends, and the impact of commercial real estate on banks. Additionally, it covers regulatory changes, such as the Basel 3 end game, and their implications for the banking sector.

What does the speaker suggest about the future of investment banking at Goldman Sachs?

How does the speaker describe the current state of capital markets and investment banking?

What potential risks are associated with commercial real estate investments for banks?