Goldman Sachs and Bank of America Crush Earnings

The video discusses the recent performance of major Wall Street banks, highlighting Citibank, JP Morgan, Goldman Sachs, and Bank of America. It covers key financial metrics, such as EPS and investment banking revenue, and notes significant M&A activity at Goldman Sachs. The video also addresses the 1MDB scandal involving Goldman Sachs, with CEO David Solomon commenting on the situation and ongoing litigation costs.

What were the main drivers behind the bonanza reaction in Wall Street banks this week?

What was the actual EPS reported by Goldman Sachs, and how did it compare to the estimate?

What significant event occurred in the fourth quarter of 2018 regarding Goldman Sachs?

What was David Solomon's stance on the scandal involving Tim Leissner?

What amount did David Solomon mention regarding ongoing litigation costs?