US political struggle keeps equity bankers cautious

Sam Kerr

January 05, 2021 12:45 PM

protestors_georgia_US_PA_575x375_Jan5_2021 — December 15, 2020, Atlanta, Georgia, USA: Several demonstrators, among them being one holding a sign that reads NOPE with an image of President Trump, and another holding signs that read Where's Hunter?, and Trump Pence stand outside at a rally in Atlanta for U.S. Democratic Senate candidates Jon Ossoff and Raphael Warnock. President-Elect Joe Biden was the headline speaker at the rally. (Credit Image: © John Arthur Brown/ZUMA Wire) | John Arthur Brown/Zuma Press/PA Images

Political turmoil in the US led to the country's stock markets falling on the first trading day of 2021 on Monday. For Europe’s equity bankers the US markets are an important marker of global investor sentiment, meaning the next few days in US politics will determine what accelerated placements they can bring to market in Europe.

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Topics

Equity ABBs-Block Trades United States Americas Europe North America EMEA

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Sam Kerr