Q- Look at the image below. In 25 seconds, please speak into the microphone and describe the details that the image is showing. You will have 40 seconds to give your response.
Ans – The presented bar chart depicts the changes in the leverage ratios of several major investment banks from 2003 to 2021. Notably, Bear Stearns had consistently held the highest leverage ratio, surpassing 25 in 2003 and nearly reaching 35 in 2021. Similarly, Goldman Sachs, Merrill Lynch, and Morgan Stanley demonstrated a general increase in their leverage ratios over the years, with Merrill Lynch being the most consistent, except for a considerable spike in 2021. In conclusion, the data indicate that Bear Stearns and Morgan Stanley had the highest leverage ratios overall.
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