RBC's Cassidy Says Bank Trading Activity Has Been Low

The video discusses the stability and challenges in bank returns on equity since 2013, focusing on the impact of low interest rates and trading income. It highlights the reduced trading activity in universal and investment banks like Goldman Sachs and Morgan Stanley due to lower volatility and customer turnover. The discussion anticipates continued challenges in trading revenues, particularly in FICC and commodity trading, unless market volatility increases.

What factors have contributed to the stability and lack of excitement in bank returns since 2013?

How has the trading activity of universal and investment banks changed since the financial crisis?

What are the expected trading revenues for fixed income areas according to the text?

What is the anticipated impact on Goldman Sachs' trading revenues based on the discussion?

What challenges do banks face in generating trading volumes in a low volatility environment?