HONG KONG, Nov 19 (Reuters) - Goldman Sachs ( GS )

Chairman David Solomon said on Tuesday there will be more robust

levels of both capital raising and M&A in 2025 with the new U.S.

administration.

"Given where we are at the moment, ... you're starting to

unleash some of those animal spirits, and you're seeing a

pick-up in equity activity, pick-up in M&A activity," Solomon

said at the Global Financial Leaders Investment Summit hosted by

the Hong Kong Monetary Authority.