Goldman CEO Sees Capital-Markets Activity Accelerating Into 2025

Nov. 20, 2024, 4:59 PM UTC

Goldman Sachs Group Inc. Chief Executive Officer David Solomon said policies expected to be enacted under Donald Trump’s administration are poised to provide a further boost to already improving capital markets.

David Solomon
Photographer: Paul Yeung/Bloomberg

“I think it is going to accelerate more,” he said in a CNBC interview Wednesday. “We are seeing things in our business, and when I talk to clients, that indicate that after waiting for valuations to move and for time to pass, people are ready to be more active.”

Shares of the biggest US banks soared in the wake of Trump’s victory, on the prospect that they’ll ...

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