Goldman's Co-COO Sees $1 Billion FICC Growth Opportunity

The presentation discusses the firm's growth strategy, focusing on fixed income and revenue opportunities. It outlines a $5 billion initiative with a $1 billion growth opportunity in fixed income. The strategy assumes a stable environment to provide clarity to investors. The firm aims to grow its market share and client footprint, despite competition from other banks like Morgan Stanley. The presentation also covers the firm's strategic response to industry changes, including reallocating resources and returning capital to shareholders, creating significant operating leverage.

What is the critical assumption made in the firm's growth strategy?

• The firm will increase its workforce.

• The environment will remain unchanged.

• The firm will acquire new businesses.

• The environment will change significantly.

Which bank is mentioned as a competitor that has outperformed in fixed income trading?

• Bank of America

• JPMorgan Chase

• Goldman Sachs

• Morgan Stanley

What was the firm's market share peak in 2009?

• 30%

• 15%

• 19%

• 25%

What percentage of risk-weighted assets was reduced by the firm?

• 20%

• 30%

• 40%

• 50%

How much capital was returned to shareholders over the past five years?

• $35 billion

• $30 billion

• $40 billion

• $25 billion