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Goldman Sachs CEO David Solomon Explains Why He Is More Bullish Now

Goldman Sachs CEO David Solomon Explains Why He Is More Bullish Now

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In the weeks since Donald Trump's U.S. presidential election victory, bankers have become more bullish on deals. Some predicted friendly regulators to be installed atop key government agencies, sweeping away regulations regarded by some as onerous, but many said it was too early to tell what economic policies will be implemented by the incoming administration. “I am quite optimistic that this administration is going to run a very, very pro-growth agenda,” David Solomon, CEO, Goldman Sachs said at a Reuters NEXT event. Goldman Sachs has benefited from a rebound in investment banking over the last year, cementing its top spot in global rankings of firms that advise on mergers and acquisitions. In one of the biggest deals of the year, Goldman advised Cheez-It maker KellanovaK.N, which agreed to be purchased by candy giant Mars in August for nearly $36 billion.

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