Bank of America Trading Desks Gain Ground

The video discusses significant changes in Bank of America's trading post-crisis, highlighting Jimmy de Mayor's role in boosting sales and trading revenue. It compares Bank of America's market share with competitors like JP Morgan and Citigroup. The discussion also covers work culture and office policies, noting the trend of remote work in the banking sector, with some banks like Goldman Sachs enforcing a return to office while others adopt flexible policies.

Who is credited with revitalizing trading at Bank of America post-crisis?

• Brian Moynihan

• Catherine Doherty

• Jamie Dimon

• Jimmy de Mayor

In 2022, how did Bank of America's trading revenue compare to its past performance?

• It decreased slightly from 2010

• It was the lowest since 2010

• It remained the same as 2010

• It was the highest since 2010

How did Bank of America's fixed income trading growth in the last year compare to Citigroup's?

• Bank of America had a 5% growth, Citigroup had 10%

• Both had a 10% growth

• Both had a 7% growth

• Bank of America had a 10% growth, Citigroup had 7%

What is a key difference in office policies between Goldman Sachs and some buy-side clients?

• Both allow complete remote work

• Both have strict five-day office policies

• Goldman Sachs requires five days in office, buy-side clients have flexible policies

• Goldman Sachs allows work from anywhere, buy-side clients do not

What is the irony mentioned about the office attendance of buy-side clients?

• They are all working from the office

• They have stricter office policies than banks

• They have no work policies at all

• They are working remotely while banks enforce office attendance