Express News | U.S. media: The Trump team is considering abolishing the Federal Deposit Insurance Corporation.
Trump's advisors are seeking to relax Banks regulations, even to the point of abolishing the FDIC.
In the past, the USA has never closed any major cabinet-level Institutions, especially entities like the FDIC. Some analyses indicate that any such reform plans could lead to massive job cuts.
Trump's advisors are exploring the integration or elimination of Banks regulatory Institutions.
As Wall Street anticipates reduced corporate regulation under the incoming president Trump, his transition team is exploring ways to scale down, consolidate, or even eliminate top Banks regulatory Institutions.
Express News | Soy sauce manufacturer Foshan Haitian Flavouring and Food is reportedly hiring Banks to handle the Hong Kong listing affairs.
Market Chatter: Blackstone, Bain Capital Among Final Bidders for Mitsubishi Tanabe Pharma
Express News | Goldman Sachs (China) Securities public fund sales qualification has been approved.
Express News | Market news: It is reported that Haidilao has hired CICC, Goldman Sachs, and Morgan Stanley to handle the listing on the Hong Kong Stock Exchange.
Express News | Goldman Sachs has lowered the United Kingdom's GDP growth forecast for 2024 from the previous 1.2% to 1.0%.
RBC Capital Maintains Goldman Sachs(GS.US) With Hold Rating, Raises Target Price to $610
Trump rings the opening bell for the NYSE: The stock market is everything, and significant actions will be taken regarding Cryptos.
On Thursday, Donald Trump rang the opening bell at the NYSE. He emphasized the importance of the stock market, stating that the stock market is everything, and plans to take significant actions regarding Cryptos, lower the corporate tax rate to 15%, and increase Petroleum Extraction to alleviate the current inflationary pressures.
"Person of the Year" Trump rings the opening bell at the NYSE, emphasizing that "the stock market is everything."
On December 12, the elected President Trump was named Time Magazine's Person of the Year for 2024, ringing the opening bell at the NYSE that day; Trump rang the bell with the CEO of ICE and the CEO of Time Magazine, along with the president of the NYSE, while the CEOs of companies such as Goldman Sachs and Citigroup were present; Trump promised an "unprecedented economy," planned to increase oil drilling to reduce inflation, and committed to lowering the corporate tax rate to 15%.
Express News | Goldman Sachs expects the average iron ore price to be 95 dollars per ton in 2025 and 90 dollars per ton in 2026.
Express News | Goldman Sachs Asset Management announced the liquidation of three Exchange Traded Funds.
Goldman Sachs Asset Management Announces Liquidation of Three Exchange-Traded Funds
Express News | Goldman Sachs stated that influenced by the strong growth of Permian Basin Crude Oil Product production and the continued strength of Henry Hub Natural Gas condensate, the Shale Oil production (Crude Oil Product and Henry Hub Natural Gas condensate) in 48
Express News | Goldman Sachs stated that their basic forecast is that, given the moderate surplus of 0.4 million barrels per day almost offsetting the normalization of the current undervaluation, the average price of Brent Crude Oil Product will be $76 per barrel by 202
Bank Stocks Slip After CFPB Finalizes Overdraft Fee Rule
Rivian, Tesla Will Drive Autonomous Vehicle Progress In 2025: Goldman Sachs
Pimco: Banks' risk transfer tools may have "hidden" risks.
PIMCO urges caution regarding the rapidly growing Synthetic Risk Transfer (SRT) market. These tools are increasingly being used by banks to transfer risk and enhance lending capacity. Pimco portfolio manager Kris Kraus and others highlighted in a report this week that SRT should be treated with caution within the asset-backed financing sector, "because of its significant capital formation or hidden risks that are yet to be verified." Banks in Europe and an increasing number of Bank of America are using SRT, also known as significant risk transfer, to transfer loan review risks to investors, thereby freeing up capital for issuing new loans. Since last year.
Express News | Goldman Sachs Analysts expect that the Banking Industry in Europe could face difficulties in 2025. The challenges they face include low interest rates, slow economic growth in the Eurozone, and prominent political uncertainty.