Citibank (C.US): Trump's election ignites expectations of loose regulation, and a wave of mergers and acquisitions is gathering momentum.

date
13/11/2024
avatar
GMT Eight
Citigroup (C.US) CEO Jane Fraser stated that after Trump's victory, their bank clients began to make transaction plans. Fraser said, "There is a lot of pent-up demand. But at the same time, I see, especially in the United States - where currently most of the M&A activities take place - the situation is likely to be like this. The game has already started, and the clients are already in the front." Investors and analysts expect that with Trump's election, the merger and acquisition environment may heat up sharply, with regulatory agencies, especially the Federal Trade Commission and the Department of Justice, not expected to be as stringent on deals as the current Biden administration.

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