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Goldman Sachs Newsroom
Overwhelming consensus! Wall Street "targets" Banks stocks as the top choice for 2025.
Buying bank stocks has become the overwhelming consensus among strategists at major Wall Street firms regarding their outlook for 2025.
Express News | Goldman Sachs Asset Management is reportedly agreeing to acquire the pharmaceutical company Synthon from BC Partners for over 2 billion euros.
Express News | Goldman Sachs has resumed coverage of Weichai Power's A-shares, with a rating of Buy and a Target Price of 16.30 yuan.
Goldman Sachs Asset Management to Acquire Synthon for $2.1 Billion, Financial Times Reports
Wall Street generally focuses on this Sector! It is listed as the "top choice for 2025."
① Wall Street strategists are generally Bullish on financial stocks for 2025, believing that a strong economy and the expectation of relaxed regulations under Trump, among other factors, will benefit the financial industry; ② The market has also begun to gradually reflect this optimistic sentiment, with the financial Sector outperforming the S&P 500 Index since the election results were announced; ③ The gradual recovery of the IPO market is seen as another favorable factor boosting the financial sector.
Express News | Goldman Sachs expects Forex volatility to rise significantly.
RBC Capital has raised the Target Price for multiple US bank stocks.
Gelonghui, December 16 | RBC Capital: Raised Goldman Sachs' Target Price from $558 to $610, raised JPMorgan's Target Price from $230 to $248, and raised Wells Fargo & Co's Target Price from $61 to $72. (Gelonghui)
Express News | Goldman Sachs states that the forward price spread of oil is underestimated.
The Bank of England is expected to hold steady this week as the benchmark interest rate remains far above expectations from the beginning of the year.
At the beginning of the year, investors anticipated that the Bank of England would cut interest rates six times; however, as 2024 comes to a close, the benchmark rate is a full percentage point higher than expectations from 12 months ago. The Bank of England is expected to maintain the interest rate at 4.75% in Thursday's policy meeting and continue to adhere to the guideline of 'still appropriate to gradually relax restrictive policies.' Although Bank Governor Bailey indicated that there may be four rate cuts in 2025, the market, after failing to make aggressive bets on rate cuts, only expects three cuts next year, possibly starting in February. The decision from the Bank of England on December 19 is anticipated to stay put.
Why Wall Street Says Bank Stocks Are a Top Play for 2025
Are You Ultra-Rich, Rich or Merely Affluent? It Makes a Big Difference for Your Bank -- Heard on the Street -- WSJ
U.S. Treasury Secretary Yellen warns: do not interfere with Bank regulation! Trump also has the latest developments.
On Friday local time, USA Treasury Secretary Yellen warned the incoming Trump administration not to interfere with Banks regulation. She stated that, given the history of bank failures leading to financial crises, aggressive measures to disrupt necessary regulation should not be taken.
BofA, Goldman Sachs To Contribute To Trump's Inaugural Committees: Report
Express News | Goldman Sachs to Make Donation to President-Elect Trump's Inaugural Committee, but Has Not Determined Amount - Spokesperson
Express News | The continuous deepening of two-way opening up has led to Overseas Institutions remaining Bullish on China's Capital Markets.
A Closer Look at Goldman Sachs Gr's Options Market Dynamics
Trump's advisors are exploring the integration or elimination of Banks regulatory Institutions.
As Wall Street anticipates reduced corporate regulation under the incoming president Trump, his transition team is exploring ways to scale down, consolidate, or even eliminate top Banks regulatory Institutions.
Express News | Soy sauce manufacturer Foshan Haitian Flavouring and Food is reportedly hiring Banks to handle the Hong Kong listing affairs.
Market Chatter: Blackstone, Bain Capital Among Final Bidders for Mitsubishi Tanabe Pharma
Express News | Goldman Sachs (China) Securities public fund sales qualification has been approved.