Will a New Era at Goldman Sachs Soon Be Revealed?

After a 13% revenue decline in 2016, Goldman Sachs (GS) - Get Report could see a rebound to high-single-digit growth in 2017, according to Ken Leon, an equity analyst at CFRA Research. Additionally, Leon predicts Goldman will gain market share in Europe as European banks reduce their investment banking businesses. Goldman, like other banks, would also benefit from any rollback in financial regulations in the year ahead.

Leon foresees trading gains across all asset classes, as well as a bounceback in equity underwriting and M&A activity.