Trump has begun another trade war. Here's a timeline of how we got here
Canada's leader laments lost friendship with US in town that sheltered stranded Americans after 9/11
Chinese EV giant BYD's fourth-quarter profit leaps 73%
You're an American in another land? Prepare to talk about the why and how of Trump 2.0
Chalk talk: Star power, top teams and No. 5 seeds headline the women's March Madness Sweet 16
Purdue returns to Sweet 16 with 76-62 win over McNeese in March Madness
NEW YORK (Reuters) -Goldman Sachs CEO David Solomon told Fox Business on Wednesday he expects initial public offerings (IPOs) to increase this year.
"IPOs have been muted over the last couple of years, the pipeline is larger and we expect an increase this year," he said in an interview with FOX Business’ Mornings with Maria.
Solomon said the level of uncertainty is a little bit higher at this moment which has kept some transactions on the sidelines, but added that could change if there is more regulatory clarity.
"There is potential, especially if we got more specific actions on the regulatory front, to unleash more animal spirits," he said.
Investment banking activity has picked up in recent months, with Wall Street executives welcoming President Trump's business-friendly tone.
But U.S. mergers and acquisition activity in the first two months of 2025 has seen just 1,603 deals signed through Friday, making it the slowest pace by volume since 2009, Dealogic data showed.
On Tuesday, Trump defended his use of tariffs and said they could multiply as he met with the CEOs of America's biggest companies, many of whom have watched their market value crater over recession and inflation fears.
Solomon, who attended the meeting, said CEOs were looking for policy certainty from the administration.
"The more we can have certainty on the policy agenda as we move forward, the better that's going to support capital investment and growth," he said.
(Reporting by Saeed Azhar in New York and Manya Saini in Bengaluru; Editing by Hugh Lawson)
