With Donald Trump emerging as the clear winner in the US presidential election, banks around the world are assessing what it means for them – and none more than in the US itself.
One of Wall Street’s main points of contention with the Democrats has been their perceived hostility to M&A, not least in the Department of Justice (DoJ). Some bankers acknowledge that the environment may not get any easier under Trump, believing that his choice of running mate, JD Vance, would mean a second Trump administration is less sympathetic to dealmaking than the first.
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