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Investment bankers see dealmaking lull storing pent-up demand

NEW YORK (Reuters) -Some of the world's top investment bankers said on Wednesday that a drop in corporate dealmaking in 2023 sets the stage for a pick-up in activity once uncertainty around the global economy, geopolitical conflicts and regulatory hurdles subsides. This has fueled soul-searching among investment bankers about the prospects for their business. Uncertainty over the Federal Reserve raising interest rates further to fight inflation, the conflicts in the Middle East and Ukraine, concerns about a potential economic slowdown and growing hostility among antitrust regulators to big deals have all weighed on the M&A market. ....

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Goldman Sachs' dealmaking crown slips a bit

Deal volumes are down sharply so far this year and mega mergers are rare, presenting challenges for Goldman Sachs, long the leader in M&A advising. ....

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Goldman names new COO of global M&A business

Goldman names new COO of global M&A business
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Goldman names new COO of global M&A business - memo - Stock market news

NEW YORK (Reuters) - Goldman Sachs Group Inc has promoted Troy Broderick to be the new chief operating officer of its global mergers and acquisitions business, according to an internal memo seen by Reuters. | May. 02 ....

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