(MT Newswires) -- Ron O'Hanley, CEO of State Street, praises the policy response and cooperation between regulators and major US banks in the face of crises such as regional bank failures and the collapse of Credit Suisse. He expresses doubts about market expectations of rate cuts in 2024, which contradict the Fed's projections. Finally, he highlights the challenges of economic growth in a context of deglobalisation, and stresses the need for the US to maintain a coherent foreign policy, regardless of the outcome of the forthcoming elections.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
74.39 USD | +1.63% | +1.50% | -3.96% |
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
74.39 USD | +1.63% | +1.50% | 22.05B | ||
1.254 USD | +0.04% | +0.30% | - | ||
1.076 USD | +0.29% | +0.33% | - | ||
0.7302 USD | -0.20% | -0.26% | - | ||
0.6608 USD | +0.58% | +1.33% | - | ||
0.6009 USD | +0.77% | +0.87% | - | ||
0.012 USD | +0.07% | 0.00% | - | ||
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
-3.96% | 22.05B | |
-5.90% | 113B | |
-5.79% | 85.41B | |
+20.26% | 63.77B | |
+9.71% | 62.94B | |
+9.51% | 42.33B | |
+10.30% | 41.48B | |
+19.41% | 34.25B | |
+3.54% | 24.82B | |
+3.23% | 18.92B |
- Stock Market
- Equities
- STT Stock
- News State Street Corporation
- Ron O'Hanley, CEO of State Street: Call for stable foreign policy