Goldman Had a 'Sound Quarter' Under New Leadership, Barclays' Goldberg Says

The transcript discusses a company's redesign under new leadership, addressing potential risks like the 1MDB saga and market volatility. It evaluates financial performance, highlighting a return on tangible equity of 11.7% and future targets. The banking sector's performance is analyzed, noting Citigroup's positive operating leverage and capital return strategies. Morgan Stanley's outlook is considered, with expectations of trading revenue changes and a constructive view on IPOs and advisory services.

What factors contributed to the sound quarter reported by Citigroup?

What is the outlook for Morgan Stanley in the upcoming week?