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M&A activity falls as Wall Street clients tap the brakes on deals - MarketWatch

1. M&A activity slowed in Q1, impacting major banks including GS. 2. Total announced merger deals fell to 4,110, down 4% year-over-year. 3. Tariff uncertainties lead clients to pause major deal decisions. 4. Large deals helped push Q1 dollar total for mergers to $420.5 billion. 5. Expectations for deal activity to accelerate in late 2024.

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FAQ

Why Bearish?

The slowdown in M&A activity directly affects GS's revenue prospects, especially in advisory services.

How important is it?

The article outlines a significant decline in M&A activity, a key revenue source for GS.

Why Short Term?

Immediate effects on GS's earnings may occur due to reduced deal flow; long-term recovery hinges on economic conditions.

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