Greenhill CEO: Trend Towards Smaller Firms for M&A

The transcript discusses the shift in client preferences from large banks to smaller firms, highlighting a significant increase in advisory revenue. It covers the Tesco Booker deal and the optimistic outlook for 2017 despite uncertainties in government policies. The discussion also touches on market reactions to the Trump administration, the potential for trade wars, and the impact of market sentiments on valuations. Finally, it examines the interest in cross-border transactions and the business environment.

What are the market expectations regarding government policies and their impact on business deals?

How do the sentiments around trade wars and regulations affect market behavior according to the text?