- Published at
- by finance.yahoo.com
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Trump Upholds Biden's Merger Guidelines: Here's What It Means for Goldman Sachs and Other Investment Banks
Under former President Joe Biden, regulators took a stringent approach to mergers and acquisitions (M&A), focusing on limiting the size and scope of major deals. As we entered this year, investment banks were hopeful that a change in administration under President Donald Trump would foster a more favorable environment for M&A activities. Investment banks, including industry leaders like Goldman Sachs (NYSE: GS), now face the reality that the Trump administration will uphold a rigorous stance on larger transactions, maintaining guidelines established in 2023.