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Goldman Sachs CEO David Solomon says M&A activity is "incredibly robust" He says he doesn't "have a crystal ball" to predict how the Iran conflict will play out.
Goldman Sachs reported an 89% year-over-year surge in advisory revenue for Q1.
KEY POINTS
- The firm's M&A backlog is near a four-year high and remains largely unchanged.
- Equities revenue rose 27% year over year, with equities financing up 59%.
- Despite Middle East tensions, corporate leaders are prioritizing AI-driven business transformation over geopolitical risks.
- IPO activity slowed in March, but major listings are still expected to proceed this year.
COMPANIES
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