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U.S. banks soar on hopes of less tax, regulation under Trump

Trump vowed to cut the corporate tax rate to 15% and eliminate 10 regulations for every new one

By: financialpost.com

Nov 06 2024
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U.S. banks soar on hopes of less tax, regulation under Trump

Shares of banks in the United States, including Citigroup Inc., JPMorgan Chase & Co. and Goldman Sachs Group Inc., surged in premarket trading as investors wagered that Donald Trump would make good on his promises to lower taxes and reduce regulation for the industry. Read More

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Finland stops Russia-linked vessel over damaged undersea power cable in Baltic Sea