Our Scans · (FS.1.00) Investment Banking · Weekly Summary

• [New] Following the sunset of federal tax credits, Morgan Stanley projects a 20% decline in EV sales volume for 2026. / USA InsightsMinds
• [New] Nomura economists were even more bullish, suggesting in December that Malaysia's economy might grow by 5.2% in 2026, thanks to infrastructure projects under RMK13. Fortune
• [New] JPMorgan Chase has partnered with IBM to explore quantum algorithms for option pricing and risk analysis, with early studies indicating that quantum models could outperform classical Monte Carlo simulations in both speed and scalability. Gray Group International
• [New] The Organization for Economic Cooperation and Development expects a 2.2% expansion, while eight major global investment banks, including Citi, UBS and Nomura, forecast an average growth of 2.1% in 2026. Yonhap News Agency
• [New] Tokenization is emerging as the foundation of institutional blockchain adoption with BlackRock, JPMorgan and Goldman Sachs having publicly explored or deployed related initiatives and major institutions validating its potential. CoinDesk
• [New] Morgan Stanley, along with Goldman Sachs, Bank of America, and JPMorgan Chase & Co., are all expected to be in the lineup of banks leading SpaceX's potential IPO. TESLARATI
• [New] Satellite NTN stocks provide a reality check: UBS recently downgraded AST SpaceMobile from Buy to Hold, slashing its price target because of execution risks and intensifying competition from Starlink, even while still recognising AST's long-term potential. Yahoo Finance UK
• [New] Leading consumer finance provider, BNP Paribas Personal Finance UK, has announced that it will be providing the new Flexible Finance Account for Apple customers in the UK at Apple Stores, the Apple Store Online and Apple Store App. FinExtra
• Goldman Sachs forecasts gold could climb toward $5,400 by the end of 2026, driven by continued central bank buying and sustained safe-haven demand. American Standard Gold
• Net growth in the value of UK bank lending to businesses is expected to slow to 3.5% in 2026, nearly halving compared with a 6.9% net rise in 2025, as global and economic headwinds impact business confidence and reduce investment demand. The Independent
• Capital Economics and Goldman Sachs have warned about possible S&P 500 decline if earnings growth slows. Economic Times
• Morgan Stanley projects Tesla will scale from its current 50-150 supervised vehicles to 1,000 by end-2026, and potentially one million by 2035. Simply Wall St
• In the banking and financial services space, companies such as JPMorgan Chase are exploring the use of AI agents to detect fraud, provide customized financial advice, and automate loan approvals and legal and compliance processes, which could reduce the need for junior bankers. MIT Sloan
• Power demand is emerging as a key limiting factor, with Goldman Sachs analysts estimating annual growth rates of 17% through 2028. ING Think
• Looking ahead, research - such as a study by Goldman Sachs - suggests that in some sectors as many as 50% of entry-level roles could be automated by 2027. ets
• Economists at major institutions like Goldman Sachs expect a massive spending pop between late February and April as the first round of expanded tax refunds under the OBBBA are processed. The Chronicle-Journal
• The Goldman Sachs projection is a stark reminder of the economic reality: electricity prices are already up 6.9% year-over-year in 2025 and are set to climb another 6% through 2027. Ainvest
• As Goldman Sachs outlines, significant investments in AI infrastructure will drive innovation, potentially reducing costs and increasing the accuracy of financial predictions. BUSINESS 2.0 NEWS
• Goldman Sachs' Panic Index at one point hit 9.22, nearing max fear level as investors feared companies could be overspending on AI - potentially causing a dot-com bubble repeat. New York Post
• Goldman Sachs expects flows to improve further in 2026 given current allocator sentiment. Hedgeweek
• Goldman Sachs warns of multi-year SaaS decline comparable to newspaper industry's 95% collapse. Blog
• Goldman Sachs has shifted its strategy to go long on AI-beneficiaries while shorting companies at risk of workflow replacement, a strategy that the 2.4% CPI print has bolstered by reducing the macro noise and allowing idiosyncratic risks to take center stage. The Chronicle-Journal

Last updated: 05 March 2026