5:02 pm - Thursday November 21, 2024

Some bank bulls grow wary on policy uncertainty

1664 Viewed Alka Anand Singh Comments Off on Some bank bulls grow wary on policy uncertainty
(Reuters) - Bank shares have been the runaway winners of the post-election U.S. stock market boom as investors wagered that higher interest rates, lighter regulation, lower taxes and faster economic growth would boost profits for lenders.

(Reuters) – Bank shares have been the runaway winners of the post-election U.S. stock market boom as investors wagered that higher interest rates, lighter regulation, lower taxes and faster economic growth would boost profits for lenders.

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