What was a common issue faced by banks like Goldman Sachs and Wells Fargo in the recent quarter?
Wells Fargo Is Latest Big Bank to Miss on Net Interest Margin

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
High net interest margins
Misses on net interest margins
Increased long-term rates
Surge in mortgage banking
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What factor limited Wells Fargo's ability to fully utilize its capital?
Federal Reserve restrictions
Reputational issues
High consumer demand
Increased competition
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is the consumer segment considered promising for Wells Fargo's future?
Consumers are buying more luxury goods
There is a growing number of young families
Interest rates are expected to rise
The bank has resolved all reputational issues
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the irony mentioned about the banking industry's performance?
Banks are struggling despite high interest rates
Banks are losing customers due to high fees
Banks are thriving with a narrow interest rate spread
Banks are expanding rapidly in foreign markets
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is the housing sector expected to impact banks in the next five years?
It will decrease banks' liabilities
It will increase banks' liabilities
It will have no impact on banks
It will lead to a decrease in consumer loans
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