The only danger, from Wall Street’s perspective, is that the Trump team’s MAGA instincts and chaotic approach prevent a deregulatory boom. One appointment is emblematic of the coming shift. Gary Gensler,
Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the government’s most influential banking regulator.
Wall Street CEOs voiced confidence on Wednesday that the incoming administration would be business-friendly and good for banks.
JPMorgan Chase CEO Jamie Dimon has attributed President-elect Donald Trump 's 2024 victory to his focus on "legitimate issues" that resonate with American voters. In an interview with CBS News that aired Sunday morning, Dimon discussed economic inequality, inflation and job insecurity—noting that Trump's messaging aligned with voter concerns.
Jamie Dimon was not surprised by Donald Trump winning the presidential election in November - even though he had privately backed Kamala Harris. The JPMorgan Chase CEO yesterday said he travelled ...
Donald Trump’s team may have been batting around the idea of a gradual ratcheting up of import tariffs on much of the world, but bankers who finance the companies in his firing line are in a frenzy nonetheless.
Business optimism has surged since the November election of Donald Trump, as executives and owners have expressed a noteworthy turnaround in sentiment, while consumer views on the economy are more measured.
Investors are yanking money from emerging markets at the start of 2025 as they weigh how many of Donald Trump’s threats will become policy upon his return to the White House next week.
Last year, JPMorgan Chase (JPM ... The stocks of the biggest US lenders rallied following the election of Donald Trump on hopes that his administration would loosen some rules and apply more ...
Nvidia pushes back on new artificial-intelligence regulations, Tesla stock trades lower, Moderna issues weak revenue guidance, and Intra-Cellular Therapies is being acquired by Johnson & Johnson for nearly $15 billion.
A record start to the year for emerging-market bond sales is at risk of fizzling as high Treasury rates hamper weaker credits from tapping international capital.
Gov. Gavin Newsom announced Saturday that five of America’s biggest financial institutions will be providing mortgage relief to residents affected by the Southern California wildfires. Newsom’s office announced that the commitments were made by Bank of America,