Signals of Trump 2.0 going for deregulation? The Vice Chairman of the Federal Reserve in charge of financial regulation will resign early after Trump takes office.
According to the Federal Reserve's statement, Barr's resignation will take effect no later than February 28, and he will continue to serve as a Federal Reserve Governor until the term ends. The statement implies that he is stepping down as Vice Chairman of Supervision more than a year early to avoid potential legal disputes with the Trump administration. The media reports that Barr's decision does not indicate that Powell will also step down from the position of Federal Reserve Chairman early, but it casts a shadow over the prospects of the USA implementing new banking regulations that increase capital requirements.
To avoid potential conflicts with the Trump administration, the Vice Chairman of the Federal Reserve responsible for bank supervision has resigned.
Michael Barr, the Vice Chairman of the Federal Reserve responsible for bank regulation, will resign from this position on February 28.
Barclays Maintains Overweight on Fifth Third Bancorp, Raises Price Target to $56
Fifth Third Bancorp Analyst Ratings
Those Who Invested in Fifth Third Bancorp (NASDAQ:FITB) Five Years Ago Are up 74%
Morgan Stanley Maintains Fifth Third Bancorp(FITB.US) With Hold Rating, Maintains Target Price $57
Morgan Stanley Sticks to Their Hold Rating for Fifth Third Bancorp (FITB)
Barclays Maintains Fifth Third Bancorp(FITB.US) With Buy Rating, Raises Target Price to $56
Express News | Fifth Third Bancorp : Barclays Raises Target Price to $56 From $51
Will Fifth Third Bancorp (FITB) Beat Estimates Again in Its Next Earnings Report?
Mortgage Applications Fall Sharply as Rates Rise
Wells Fargo Maintains Fifth Third Bancorp(FITB.US) With Buy Rating, Maintains Target Price $54
Fifth Third Bancorp (FITB) Receives a Buy From Wells Fargo
Next year, the major banks in the USA will usher in a "harvest" year, and every business will "flourish everywhere"?
With the Federal Reserve likely to slow down the pace of interest rate cuts next year, higher rates are expected to expand Banks' net interest margins; incoming USA president Trump is also expected to ease regulations and scrutiny on the financial sector; Analysts surveyed by Institutions generally expect that revenues across all sectors of the world's top Banks (except for FICC Trade) will see the first growth since 2021 next year.
Inflation is eroding bottom-tier consumption, and the USA credit card default rate has reached a new high since the financial crisis.
The credit card default rate in the USA reached its highest level since the 2008 financial crisis in the first nine months of 2024, with the total amount of bad credit card loans reaching 46 billion USD, a 50% increase compared to the same period last year. Financial pressure is gradually shifting to low-income groups, who are facing an increasingly heavy debt burden.
2025: The "spring" of the Banks arrives, resulting in a huge explosion in profits!
After experiencing a few years of ups and downs, 2025 may be the breakout year for Global large Banks!
Major banks are bullish, hedge funds are flooding in, and Bank of America stock is expected to soar next year.
Regardless of the standard used for measurement, this year has been a bumper year for Bank of America stocks. For investors in the Industry, even better days are ahead.
Fifth Third Bancorp To Go Ex-Dividend On December 31st, 2024 With 0.37 USD Dividend Per Share
December 29th (Eastern Time) - $Fifth Third Bancorp(FITB.US)$ is trading ex-dividend on December 31st, 2024.Shareholders of record on December 31st, 2024 will receive 0.37 USD dividend per share on
Why Bank Stocks Notched Their Best Year Since 2019, and What's Ahead -- Barrons.com
Trump 2.0 + interest rate cut cycle "dual approach"! Are regional Banks in the USA likely to rise strongly?
Under the dual impetus of the "Federal Reserve rate cut trade" and the "Trump trade," regional bank stocks in the USA have shown strong upward momentum this year.