Investor Interest in Deals, IPOs Is Rising, Goldman Sachs's Wolfgang Fink Says

The transcript discusses a shift in market sentiment post-summer, with a renewed sense of opportunity in capital markets. It highlights a slow start to the year but notes a pickup in market activity, particularly in IPOs, as interest rates stabilize. The role of Goldman Sachs in cross-border activities and its importance in European markets is emphasized, despite Europe's slower growth compared to the US.

What was the general sentiment in the investment banking sector in London after the summer?

• Optimistic about a US soft landing

• Pessimistic about future growth

• Indifferent to market changes

• Concerned about rising interest rates

What factor contributed to the pickup in the capital markets during the second quarter?

• End of the interest rate hike cycle

• Decrease in unemployment rates

• Introduction of new regulations

• Increase in global trade

Which company was mentioned as part of the recent IPO market activity?

• Puma

• Nike

• Birkenstock

• Adidas

What trend was observed in the M&A market?

• Increase in large transactions

• Decrease in investor interest

• Decline in year-on-year volumes

• Stability in transaction sizes

Why is cross-border activity important to Goldman Sachs?

• It focuses on domestic markets

• It limits market exposure

• It reduces operational costs

• It is their core business