US President Donald Trump’s trade wars have taken a toll on banks, including Goldman Sachs. A recent meeting with senior executives revealed that clients are seeking advice as the stock market experiences its biggest meltdown in years. The conversation took place at Goldman Sachs’ Manhattan headquarters, where executives discussed their asset-management business and how it is affected by President Trump’s tariff announcement.
Source: https://www.barrons.com/articles/bank-stocks-loans-trade-tariffs-market-a18613f0