Capital markets could get a boost from upcoming tech IPOs, such as Arm and Instacart, Solomon told CNBC.
have filed to go public, and companies that are mulling listings will watch how those IPOs go, Solomon said Thursday during the interview.
"Over the course of the next few months, especially if Arm and some of these other IPOs go well, I think you're going to see a meaningful increase in activity," Solomon said.Sign up for NBC Philadelphia newsletters. A rebound in IPOs and mergers would be welcome for Goldman and the rest of Wall Street, which has dealt with a dearth of activity in the past year. After coming off a record year for revenue in 2021, Solomon has had to contend with internal dissent and
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