Bank Earnings Wrap 3Q 2018: Margins Boosted, FICC Fell

The video discusses the financial performance of major banks, focusing on Morgan Stanley and Goldman Sachs. Morgan Stanley showed strong results with a notable increase in revenue and investment banking, receiving positive feedback from analysts. In contrast, Goldman Sachs had mixed results, with revenue growth but challenges in advisory fees and fixed income trading. The video also summarizes third quarter bank earnings, highlighting the impact of interest rate hikes on net interest margins and trading activities.

Which bank was noted for having a double jump in both trading and investment banking divisions?

• Bank of America

• Citigroup

• JP Morgan

• Morgan Stanley

What was the analysts' general sentiment towards Morgan Stanley's performance?

• Indifferent

• Mixed

• Negative

• Positive

How did Goldman Sachs' revenue perform on a sequential quarterly basis?

• Increased by 4%

• Remained the same

• Decreased by 8%

• Increased by 8%

What was a notable outcome of the Fed rate hikes in the third quarter?

• Decline in equities trading

• Boost in net interest margins

• Increase in bad loan costs

• Decrease in net interest margins

Which bank was an outlier with a surprise gain despite rising rates?

• Goldman Sachs

• JP Morgan

• Citigroup

• Wells Fargo