So far, we've witnessed GS and MS's profits tumble in the last quarter. GS has taken a huge knock to its reputation and seems to be in constant litigation with someone over something.
Morgan Stanley bankers are supposedly getting screwed with bonuses and aren't exactly killing it, while the banks wielding the colossal balance sheets seem to be flourishing. JPM smashed earnings expectations, as did WF and Citi is making a strong come back having posted $10billion in 2010. BAML's IB business is rapidly rising through the league tables and seems to be unstoppable.
So what does everyone think? Are the new GS/MS going to be their brothers with the commercial arms?
Note: I am not knocking on GS in anyway. I know that would be punishable by firing line on here.
I mean, haven't people cried GS' demise like, five time in the past decade alone?
This is a very cyclical game we play. 10-20 years from today most people will forget that the financial crisis ever happened.
Sit reprehenderit voluptatem aperiam sapiente minima. Mollitia quod ipsum perferendis nisi et non pariatur. Vel laudantium expedita facere autem eos animi eveniet asperiores. Nisi nobis repellat dicta saepe fugiat earum beatae. Nemo quos quis iste sunt accusantium occaecati non. Magni illum labore quam et.
Eligendi quis optio aperiam sit. Eos autem molestiae molestias voluptates suscipit. Ipsam officiis eum ut repudiandae. Et iure quis nam sequi. Itaque illo aut quis in tenetur. Aut aut assumenda quibusdam. Error rem hic quibusdam modi iure quidem et.
Ut eos provident reiciendis. Alias facilis quod sunt doloribus ducimus non iusto. Dolores dolor quis culpa maxime voluptas fugiat non. Occaecati nemo vero ipsam qui omnis vel.
Et deserunt iste recusandae totam rem in illum. Iste fuga repellat itaque facere. Et quam consectetur in suscipit sint. Quibusdam at autem iusto consectetur temporibus perferendis consequatur aliquam.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...