Mastercard Lowers Financial Forecast, Signals Slower EPS, Revenue Growth Ahead
Deutsche Bank Adjusts Price Target on Wells Fargo to $80 From $65, Keeps Buy Rating
Financial industry executives expect the Trump administration to stimulate large banks' mergers and acquisitions.
On November 13, according to Reuters, executives and analysts from the american financial sector stated that as former President Trump returns to the White House, government-appointed regulators are likely to adopt a more favorable stance toward approving large trades, which may lead to a wave of bank mergers and acquisitions.
Wells Fargo Touches All-time High as Analyst Hikes Price Target to New Level
American Generosity Squeezed by Economic Uncertainty, According to Wells Fargo Study
Trump reportedly plans to narrow the range of Treasury Secretary candidates this week, with candidates from a Wall Street background taking the lead.
①According to media reports citing sources, usa President-elect Trump plans to narrow down the range of candidates for Treasury Secretary within this week, and is inclined to choose someone with a Wall Street background for this important position; ②After winning the US presidential election, there is close attention from the public on how he will form the cabinet for his second term. Treasury Secretary and Secretary of State are usually the positions where the US President prioritizes the selection of candidates.