LONDON (Reuters) - The CEOs of Goldman Sachs ( GS ) and Morgan Stanley ( MS ) said on Tuesday they expected corporate dealmaking to pick up in 2025, while the CEO of Apollo Global Management ( APO ) said he expected a presidential victory by Donald Trump would spur more deals.
Ted Pick, CEO, Morgan Stanley ( MS ), told a panel debate at the Future Investment Initiative (FII) conference in Riyadh that the increase in activity would "be a global phenomenon", with bigger companies going public. Goldman boss David Solomon said on the same panel he also expected more robust activity next year.
Apollo Global Management ( APO ) CEO Marc Rowan said a Donald Trump victory in the upcoming U.S. presidential election would free up merger and acquisition activity and lead to investment liberalisation.