American investment banks reported record-breaking fourth-quarter results driven by surging trading activity around the U.S. election and a rebound in investment banking deals. Analysts cite renewed corporate confidence fueled by hopes for lower taxes and regulatory easing under Donald Trump’s presidency. Capital markets activity grew 25% from 2023 lows, and analysts predict continued earnings growth in 2025. Goldman CEO David Solomon noted that IPO activity is also set to revive, citing increased CEO confidence and regulatory improvements. Wall Street's outlook remains optimistic as deal-making momentum builds.
Category
🗞
NewsTranscript
00:00It's Benzinga bringing Wall Street to Main Street.
00:02American investment base reported record-breaking fourth quarter results
00:06driven by surging trading activity around the U.S. election and a rebound in investment banking
00:10deals. Analysts cite renewed corporate confidence fueled by hopes for lower taxes and regulatory
00:16easing under Donald Trump's presidency. Capital markets activity grew 25% from 2023 lows and
00:23analysts predict continued earnings growth in 2025. Goldman CEO David Solomon noted IPO activity
00:29is also set to revive setting increased CEO confidence and regulatory improvements.
00:34Wall Street's outlook remains optimistic as deal-making momentum builds.
00:38For all things money visit benzinga.com slash gstv