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Trump's election victory boosts US bank stocks, with Wall Street expecting relaxed regulations.
Within the largest banks in the usa, people's emotions range from cautious optimism to excitement because they see the prospect of relief from regulatory institutions during the Biden era.
Is Trump's victory equivalent to the banks on Wall Street winning? The five major banks have repeatedly hit new highs this year, and financial stocks are expected to continue the 'victory trade'.
Investors will hope for Trump to weaken financial regulations. Analysts point out that Trump's victory will bring the biggest change to federal financial regulatory institutions in US history.
pnc financial services (PNC.US) increased investment capital to 1.5 billion US dollars to double the branch size.
pnc financial services announced that it will invest an additional 0.5 billion US dollars more than originally planned, doubling the scale of branch expansion.
Express News | PNC Bank: Increasing Branch Investment by $500 Mln
PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States
Express News | PNC Bank, N.a. Changes Prime Rate
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