Wall Street Gets M&A Reboot With Trump Set to Undo Khan Era (1)

Donald Trump’s return to the White House is predicted to seed the ground for more big-ticket mergers and acquisitions.

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. Bankers and lawyers say Trump’s pro-business focus will be a boon for M&A, giving further fuel to the nascent recovery in dealmaking.

There’s “pretty big pent-up demand” for M&A and many companies have been “dusting off their dream deals,” Evercore Inc. Chairman Emeritus Ralph Schlosstein said in ...