Goldman Sachs CEO expects IPOs to increase this year - Fox Business

Reuters

Wed, Mar 12, 2025, 6:01 AM 1 min read

NEW YORK (Reuters) -Goldman Sachs CEO David Solomon told Fox Business connected Wednesday helium expects archetypal nationalist offerings (IPOs) to summation this year.

"IPOs person been muted implicit the past mates of years, the pipeline is larger and we expect an summation this year," helium said successful an interrogation with the quality channel.

Solomon said the level of uncertainty is simply a small spot higher astatine this infinitesimal which has kept immoderate transactions connected the sidelines, but added that could alteration if determination is much regulatory clarity.

"There is potential, particularly if we got much circumstantial actions connected the regulatory front, to unleash much carnal spirits," helium said.

Investment banking enactment has picked up successful caller months, with Wall Street executives welcoming President Trump's business-friendly tone.

But U.S. mergers and acquisition enactment successful the archetypal 2 months of 2025 has seen conscionable 1,603 deals signed done Friday, making it the slowest gait by measurement since 2009, Dealogic information showed.

On Tuesday, Trump defended his usage of tariffs and said they could multiply arsenic helium met with the CEOs of America's biggest companies, galore of whom person watched their marketplace worth crater implicit recession and ostentation fears.

Solomon, who attended the meeting, said CEOs were looking for argumentation certainty from the administration.

"The much we tin person certainty connected the argumentation docket arsenic we determination forward, the amended that's going to enactment superior concern and growth," helium said.

(Reporting by Saeed Azhar successful New York and Manya Saini successful Bengaluru; Editing by Hugh Lawson)