• Harris, Trump Election Effects on Financials

  • Oct 4 2024
  • Length: 44 mins
  • Podcast

Harris, Trump Election Effects on Financials

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  • Summary

  • The US presidential election on Nov. 5 will likely have significant effects on the financial-services industry, from the Basel III Endgame’s potential 9% hike in capital requirements for banks like JPMorgan, Bank of America, Citigroup and Goldman Sachs to increased debt requirements for midsized lenders such as PNC and U.S. Bancorp. As part of Bloomberg Intelligence’s election webinar series throughout October, BI analysts Nathan Dean, Elliott Z Stein, Alison Williams, Herman Chan and Arnold Kakuda discuss the implications of the election on the US banking industry in this edition of the Votes and Verdicts podcast.

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Economics Personal Finance Political Science
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