Fixed income trading is in the dumps. Does that mean Goldman Sachs (NYSE:GS) will never be a good bank again because it relies on fixed income, currencies, and commodities? Or perhaps with some banks cutting back on FICC exposure, some opportunities will open up for the likes of Goldman Sachs and Citigroup (NYSE:C), which are sticking with FICC trading.

As reported by MarketWatch, the steady decline in fixed-income trading revenue is now "permanently shrunk," according to Gerard Cassidy, an analyst at RBC Capital Markets. He says the issues stem from more regulation and interest rates being a lot more stable.

In this episode of The Motley Fool's Where the Money Is, banking and financial services bureau chief Matt Koppenheffer and analyst David Hanson discuss whether there's any truth behind this proclamation, or if this is just the type of usual thing analysts say during the downswing of any cyclical event.