Goldman Sachs Group, Inc. (NYSE:GS) reported very good results for the fourth quarter of 2020. The bank produced a 21.2 percent return on shareholder's equity and a 22.5 percent return on tangible common equity.

For the year, the ROE was 11.1 percent and for the ROTCE that return was 11.8 percent.

That's the good news. But, even with such good results the management of Goldman Sachs still has a question left to answer.

One year ago, David Solomon, CEO, announced that the bank was changing its business model. The questions that still needs to be answered is "how is you new business model working? Is it achieving the results that you want?"

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