Trump’s win set to boost M&A with new policies

Saving banks: Pedestrians walk along Wall Street near the New York Stock Exchange. Dealmaking has been on recovery mode in 2024 after two down years, as strong stock markets and the end of rate hiking combine to give companies the confidence. — Bloomberg

NEW YORK: Donald Trump’s return to the White House is predicted to seed the ground for more big-ticket mergers and acquisitions (M&A).

Trump swept to victory in Tuesday’s US presidential election after defeating Kamala Harris across key battleground states. The win boosted the so-called Trump Trade, sending the S&P and the US dollar higher.