Wall Street banks are projecting significant profit increases as Donald Trump’s inauguration approaches.
Trump's administration is expected to introduce looser regulations and lower corporate taxes, positively affecting major banks such as JP Morgan and Goldman Sachs.
There is a potential backlash against climate commitments, as banks reconsider their ESG (environmental, social, governance) strategies.
Many analysts believe key regulatory frameworks, like Basel III, may be significantly weakened or eliminated during Trump's term.
Despite the anticipated changes, experts suggest Trump will be cautious to avoid destabilizing the financial system altogether.