Business Standard

Goldman Sachs comes up with Tinder for mergers in a social-distanced world

After all, this weekend's flurry of deal activity shows that not even the coronavirus can stifle M&A demand for long

Goldman Sachs
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A view of the Goldman Sachs stall on the floor of the New York Stock Exchange in New York (Photo: Reuters)

Tara Lachapelle | Bloomberg Opinion
Call it Deal Tinder. Banker Bumble. Or, perhaps more on trend with the vowel-hating naming convention of startups, simply: Bnkr. That’s not the real name, but Wall Street is building a new dealmaking app for the future of mergers and acquisitions in a social-distanced world. After all, this weekend’s flurry of deal activity shows that not even the coronavirus can stifle M&A demand for long.

As air travel remains taboo, and with working from home set to be the norm for corporate offices for the foreseeable future, bankers are looking for new technologies to help their clients find transactions remotely. 

The Covid-19

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