Motley Fool Money Private Assets Meet Public Markets
Oct 16, 2025
Matt Frankel, a seasoned personal finance and investing analyst, joins Tyler Crowe and Jon Quast to explore the evolving landscape of private assets in retirement accounts. They discuss the impressive earnings of major banks like Wells Fargo and Bank of America, and the rise in investment banking activity, including booming IPOs and M&As. The conversation delves into the pros and cons of private asset access, highlighting risks and fees associated with them. Stocks on their radar include TripAdvisor and Empire State Realty Trust, suggesting investment opportunities.
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Banks Thrive On Hot Investment Banking Market
- Big banks broadly beat earnings and benefited from a hot investment banking market this quarter.
- Wells Fargo raised medium-term return targets after the Fed lifted its asset cap, signaling an offensive growth stance.
Deal Flow Is Powering Fee Growth
- M&A and IPO activity surged in Q3, with deal value and volume up significantly year over year.
- Banks expect more deals ready to launch as volatility eases, supporting continued fee growth.
Mixed Signals On Private Credit Risk
- Jamie Dimon warned about potential weak points in private credit after recent private-company bankruptcies.
- Bank of America and Wells Fargo simultaneously cut loan-loss provisions, creating a mixed picture on credit quality.