Wall Street bosses see deal drought easing as IPOs spur optimism

Wall Street bosses see deal drought easing as IPOs spur optimism

FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar/File Photo

Wall Street investment bankers are optimistic that dealmaking will pick up as new initial public offerings (IPOs) hint at a broader recovery.