Finance & economics | It’s all about bucks

Will Donald Trump unleash Wall Street?

Bankers have plenty of reason to be hopeful

Donald Trump at the New York Stock Exchange in New York, America, December 12th 2024
His peoplePhotograph: Alamy
|New York

According to Jamie Dimon, chief executive of JPMorgan Chase and king of Wall Street, bankers were elated by Donald Trump’s election victory. Many chafed under Joe Biden’s presidency, as mergers and bank fees faced additional scrutiny, and new capital-market rules came thick and fast. Now, with the inauguration of Mr Trump imminent, American financiers will discover just how much cause they have for celebration.

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This article appeared in the Finance & economics section of the print edition under the headline “It’s all about bucks”

From the January 18th 2025 edition

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