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Major banks upgrade outlook for merger activity and investment deals

Major banks upgrade outlook for merger activity and investment deals
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Goldman Sachs Bumps Up Pay Costs Even as Profit Notches Another Slump

Goldman Sachs Bumps Up Pay Costs Even as Profit Notches Another Slump
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Global banks forecast improved investment banking outlook

Global bank executives said that dealmaking conditions have begun to improve, with some predicting a better outlook for strategic mergers and acquisitions at an industry event Tuesday. .

Goldman Sachs Compensation Costs to Rise Even as Profits Slump

Goldman Sachs Compensation Costs to Rise Even as Profits Slump
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Global banks forecast improved investment banking outlook

Global bank executives said that dealmaking conditions have begun to improve, with some predicting a better outlook for strategic mergers and acquisitions at an industry event Tuesday. Both M&A activity and initial public offerings (IPOs) faltered last year after Russia's invasion of Ukraine and the U.S. Federal Reserve's aggressive rate hikes to tame inflation. "The M&A deals are coming a little faster," Bank of America CEO Brian Moynihan told the Goldman Sachs U.S. Financial Services Conference on Tuesday.

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