Investment Banking

Why bank stocks are at the mercy of the Fed next year

The prospect of regulatory action will prove a swing factor over the coming 12 months

Next year, a Democratic appointee is set to once again be leading bank supervision at the Federal Reserve.

Times are less tense than under President Obama, when the Dodd-Frank Act was first being implemented and troubled banks were at the centre of attention. But that doesn’t mean bank investors shouldn’t be paying close attention.

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