Goldman Sachs Bond Trading Surges Amid Pandemic Volatility

The transcript discusses the financial performance of Goldman Sachs, highlighting a significant increase in fixed income and a high return on equity. It covers Goldman's strategic moves, including headcount changes and cost-cutting measures, and compares its market position with other banks like JP Morgan and Morgan Stanley. The discussion also touches on consumer banking challenges and the impact of digital banking. Finally, it provides insights from recent earnings calls and the future outlook for banks.

What was the return on equity reported by Goldman Sachs?

How did Goldman Sachs plan to boost its return on equity?

What concerns were raised about Goldman Sachs at the start of the pandemic?

What was the sentiment expressed about the economy by Morgan Stanley's CEO?

What challenges does Goldman Sachs face in appealing to consumers?