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.
Market Chatter: Sycamore Partners Approaches Banks for Financing Walgreens Boots Alliance Buyout
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.
Trump Advisers Said to Explore Consolidating or Eliminating Bank Regulators
JPMorgan Elects Hershey's Chief Executive Michele Buck to Board
Express News | JPMorgan's Zhu Haibin: The positive policy tone continues, highlighting the importance of expanding domestic demand.
Express News | JPMorgan expects that by 2025-2026, the agricultural products price environment will become more volatile, especially concerning the trade risk market in the USA.
The CEO of Hershey has been elected as a member of the JPMorgan Board of Directors.
On December 13th, Glen Research reported that JPMorgan announced on Thursday that Michele Buck, the CEO of Hershey, has been elected to the Board of Directors, with her term starting on March 17 next year. The 63-year-old Buck is the president and chair of the board at Hershey. JPMorgan CEO Dimon stated, "Buck has extensive experience in leading large, complex global organizations and guiding transformational change."
RBC Capital Maintains JPMorgan(JPM.US) With Buy Rating, Raises Target Price to $248
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%.
Bank Stocks Slip After CFPB Finalizes Overdraft Fee Rule
Spotlight on JPMorgan Chase: Analyzing the Surge in Options Activity
Sector Update: Financial Stocks Ease Thursday Afternoon
Express News | The CNI Xiangmi Lake Fintech Index valuation of Walmart-supported fintech companies reaches 2.5 billion USD, traditional banking industry faces threats.
Bank of America Projects Q4 NII, IB & Wealth Management Fees to Rise
JPMorgan plans to hire 1,500 employees in Argentina to expand its Business.
Globe Market on December 12 | According to Bloomberg, JPMorgan plans to expand its corporate center in Buenos Aires, Argentina, by adding 1,500 employees over the next five years. The center currently employs 3,500 people. Alfonso Eyzaguirre, CEO of JPMorgan Latin America and Canada, stated that Argentina's skilled workforce, English proficiency, and alignment with the USA time zone are factors supporting the expansion. The bank also plans to develop a longer-term Real Estate strategy to accommodate the growing team.
Market Chatter: JPMorgan Chase Plans Too Hire 1,500 Employees in Buenos Aires Over Five Years
RBC Raises Price Target on JPMorgan Chase to $248 From $230, Keeps Outperform Rating