Citi (C) CEO Anticipates Surge in M&A Activity Post-Trump Victory

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Nov 13, 2024
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Citi's (C, Financial) CEO Jane Fraser has indicated that following Trump's victory, the bank's clients are actively planning new deals. Fraser highlighted a significant pent-up demand, particularly in the U.S., where mergers and acquisitions (M&A) are currently predominant.

Investors and analysts foresee a potential boom in M&A activity, driven by expectations that regulatory bodies such as the Federal Trade Commission and the Department of Justice may adopt a less stringent stance on deals compared to the current Biden administration.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.