Blankfein Says Goldman Underperformed in FICC Trading

The transcript discusses the performance of a diversified business group, highlighting challenges in the Fick business and the need for better execution. It addresses structural issues in the commodities sector and the importance of adapting to market changes. The focus is on improving client base distribution and maintaining resilience in a changing market environment.

What changes does the speaker suggest to improve the client base of the business?

In what ways does the speaker believe the firm can adapt to the changing market conditions?