Goldman Targets Saudi Aramco IPO After 1MDB Mideast Fallout

The transcript discusses the Ramco IPO and the 1MDB controversy involving Goldman Sachs, highlighting the dissatisfaction of Abu Dhabi and Mubadala. It covers Goldman's strategic efforts in Saudi Arabia, emphasizing the competitive landscape with other banks like Morgan Stanley and JP Morgan. Dina Powell's significant influence, particularly her role in organizing Trump's trip to Saudi Arabia, is noted. The impact of trade tensions on Asian markets, especially China, is explored. The transcript concludes with the Khashoggi incident's diminishing impact on economic interests and the continued focus on financial opportunities in the region.

What impact do trade tensions have on Goldman Sachs' activities in Asia and China?

Discuss the significance of the 'Davos in the desert' event mentioned in the text.