Sunday , December 22 2024
Home / Mike Norman Economics / Bloomberg — Big U.S. banks could see profit jump 20% with deregulation

Bloomberg — Big U.S. banks could see profit jump 20% with deregulation

Summary:
The deregulation winds blowing through Washington could add billion of gross profit at the six largest U.S. banks, lifting their annual pretax income by about 20%. American BankerBig U.S. banks could see profit jump 20% with deregulation Bloomberg

Topics:
Mike Norman considers the following as important: ,

This could be interesting, too:

Matias Vernengo writes Galbraith on the Texas Energy Debacle

Mike Norman writes T.J. Coles — Out of Control: A Brief History of Neoliberal Deregulation in the USA

Mike Norman writes Pam and Russ Martens — Wall Street’s Latest Plot: Blame the Financial Crash on the French

Michael Hudson writes Let’s Run Government for Business

The deregulation winds blowing through Washington could add $27 billion of gross profit at the six largest U.S. banks, lifting their annual pretax income by about 20%.
American Banker
Big U.S. banks could see profit jump 20% with deregulation
Bloomberg
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *