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Oppenheimer slashes 2025 US investment banking forecast on tariff worries


Published on 2025-03-20 09:01:03 - Reuters
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  • Oppenheimer said on Wednesday it no longer expects growth in U.S. investment banking revenue this year and slashed its earlier estimate of a 32% jump due to uncertainty stemming from tariffs.

The article from MSN Money discusses how Oppenheimer, a financial services firm, has significantly reduced its 2025 U.S. investment banking revenue forecast due to concerns over potential new tariffs. The firm cited the possibility of increased trade tensions, particularly with China, which could lead to higher tariffs and disrupt global trade flows. This adjustment reflects broader market anxieties about economic policy uncertainty, potential retaliatory measures from trading partners, and the impact on corporate earnings and investment banking activities. The forecast cut underscores the sensitivity of financial markets to trade policy and geopolitical developments.

Read the Full Reuters Article at:
[ https://www.msn.com/en-us/money/companies/oppenheimer-slashes-2025-us-investment-banking-forecast-on-tariff-worries/ar-AA1BfA22 ]