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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff and Graeme Wearden in Davos

‘Animal spirits alive’ as Wall Street bankers anticipate Trump boom

The Wall Street Bull and little girl statue.
Bull market? Trump’s policies are likely to benefit US growth, experts say, while slowing growth internationally. Photograph: Brendan McDermid/Reuters

Wall Street bankers say they are at the beginning of “go mode” as they expect Donald Trump’s return to the White House to lead to a boom in the industry.

Trump’s second term is expected to result in a bonfire of regulations, including across financial services, with the president having promised during his election campaign to slash 10 existing regulations for every new one created in an attempt to spur economic growth.

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