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美股异动|摩根大通跌超2%,美国银行跌约1.8%,特朗普称两家银行此前拒绝为他提供服务
Ge Long Hui· 2025-08-05 15:34
摩根大通跌超2%,美国银行跌约1.8%。消息面上,特朗普周二表示,摩根大通和美国银行此前拒绝为 他提供服务,这再次引发了关于保守派客户被不公平拒绝开户的说法。尽管特朗普提到了自己的业务 (可能指其房地产和酒店集团),但目前尚不清楚这件事涉及的是个人账户、企业账户,还是两者皆 有。对此,摩根大通否认针对保守派或特朗普支持者进行 "销户" 操作。 ...
高盛预测:美联储9月开始降息 最高或降50基点
智通财经网· 2025-08-05 06:21
Core Viewpoint - Goldman Sachs anticipates that the Federal Reserve will begin cutting interest rates in September, with expectations for three consecutive 25 basis point reductions [1] Group 1: Federal Reserve's Actions - The Federal Reserve is expected to lower rates if the next employment report shows an increase in the unemployment rate, potentially by an additional 50 basis points [1] - San Francisco Fed President Daly indicated that the timing for rate cuts is approaching due to evidence of a weakening job market and a lack of persistent tariff-related inflation [1] - New York Fed President Williams expressed an open attitude towards rate cuts but emphasized the need to ensure inflation is controlled [1] Group 2: Employment Data - The U.S. added only 73,000 non-farm jobs in July, significantly below market expectations [1] - Job additions for May and June were revised down by a net 258,000, raising concerns about the labor market's strength [1] - These weak signals have led the market to significantly adjust expectations for a rate cut by the Federal Reserve in September [1] Group 3: Market Perspectives - Despite the prevailing expectations for a rate cut due to poor employment data, Bank of America maintains its stance that the Federal Reserve will keep rates unchanged [1]
北美银行监管新时代:下一步如何A New Era for Bank Regulation_ What‘s Next_
美银· 2025-08-05 03:15
Investment Rating - The report maintains an "In-Line" investment rating for the industry, with a cautious view on midcap banks and a positive outlook for large cap banks [5][3]. Core Insights - The regulatory landscape for US banks is expected to undergo significant changes, with proposals for lower capital requirements likely to double excess capital and risk-weighted asset (RWA) capacity at large cap banks [1][4]. - The Federal Reserve is moving quickly on regulatory reforms, with a broad consensus anticipated on many proposals, including stress test transparency and GSIB surcharge adjustments [3][4]. - The expected increase in excess capital for large cap banks is projected to rise from $118 billion in Q2 2025 to $228 billion following the implementation of new regulations [7][9]. Summary by Sections Regulatory Changes - Key changes anticipated over the next year include lower stress capital buffers (SCBs) from the 2025 stress test, enhanced stress test transparency, and reforms to the GSIB surcharge and supplementary leverage ratio (SLR) [7][10]. - The Basel III Endgame finalization is expected to provide clarity for banks to optimize capital, supporting loan demand and capital markets activity [10][11]. Capital and RWA Capacity - Large cap banks currently have $118 billion of excess capital, which is expected to increase to $157 billion after a lower 2025 SCB, $172 billion post-SLR reform, and $228 billion post-GSIB surcharge reform [9][17]. - Incremental RWA capacity for large cap banks is projected to double from $0.9 trillion in Q2 2025 to $1.9 trillion following regulatory changes [9][19]. Earnings Impact - A sensitivity analysis indicates that optimizing excess capital could lead to a median increase of 24% in consensus 2026 earnings per share (EPS) across large cap banks, midcap banks, and consumer finance coverage [10][34]. - Regional banks are expected to benefit significantly from faster M&A approvals, which should enhance capital positions and growth opportunities [10][11]. Company-Specific Opportunities - Citigroup is projected to increase its excess capital from $16 billion to $31 billion post-GSIB surcharge reform, with significant buyback plans [32]. - Bank of America is expected to see its excess capital rise from $10 billion to $33 billion, with strong buyback potential and loan growth [32]. - JPMorgan Chase anticipates an increase in excess capital from $38 billion to $60 billion, benefiting from lower GSIB surcharges [32]. - Goldman Sachs is positioned to benefit from a rebound in capital markets, with expected buybacks of $17 billion in 2025 [32][33]. - Wells Fargo is projected to increase its excess capital from $13 billion to $34 billion, allowing for organic growth and share repurchases [32].
巴菲特继续“瘦身”银行股:伯克希尔哈撒韦Q2疑再减持69亿美国银行(BAC.US)持仓
Zhi Tong Cai Jing· 2025-08-05 00:36
智通财经APP注意到,伯克希尔哈撒韦(BRK.A.US)(BRK.B.US)可能在第二季度继续减持美国银行 (BAC.US)股份,其最新季度报告透露了若干线索。 截至2025年6月30日,美银仍是伯克希尔前五大重仓股之一。伯克希尔最初于2024年7月开始减持美银头 寸。 虽然13F文件未披露个股买卖明细,但若伯克希尔减持其截至2025年3月底持有的约6.31亿股美银股份 (当前市值约265亿美元),将与申报数据吻合。 据测算,伯克希尔的持股成本约为每股7美元,因其超10亿股的头寸主要源自十年前通过行权价7美元的 权证获得。数据显示,美银股票二季度均价为42美元,这意味着伯克希尔的持仓成本仅相当于市价的 17%,与申报的收益比例相符。 年内迄今,美银股价表现落后大盘近两个百分点,在大型银行同业中表现垫底。上周六发布的伯克希尔 财报令投资者失望,其股价周一下跌2.9%。 报告显示,这家由巴菲特执掌的集团在三个月期间抛售约69亿美元股票,实现53亿美元税前收益,同时 购入约40亿美元股票。 ...
Bank of America's CEO responds to weak jobs report that spurred Trump firing of BLS chief
Fox Business· 2025-08-04 16:15
Bank of America CEO Brian Moynihan said in an interview on Sunday that the president's firing of the Bureau of Labor Statistics commissioner following a weak jobs report was due to politics, though he said government employment data should be improved. Moynihan appeared on CBS News' "Face the Nation with Margaret Brennan" and was asked whether he's concerned about the president firing the Bureau of Labor Statistics (BLS) commissioner and whether he feels there is political pressure."Well, I think that's mor ...
深夜重磅!巴菲特最新报告透露“持股变数”
Sou Hu Cai Jing· 2025-08-02 14:23
Core Viewpoint - Berkshire Hathaway's Q2 2025 report reveals a mixed performance with a significant drop in net profit and a slight decrease in cash reserves, while maintaining a concentrated investment strategy in key stocks [2][3]. Group 1: Investment Portfolio - As of June 30, 2025, the top five holdings of Berkshire Hathaway accounted for 67% of the total fair value of its stock securities, with American Express, Apple, Bank of America, Coca-Cola, and Chevron being the primary investments [6]. - The concentration of these top five holdings has slightly decreased from 71% at the end of 2024 [7]. Group 2: Equity Method Investments - Berkshire holds significant equity method investments in Kraft Heinz and Occidental Petroleum, owning 27.4% and 28.1% of their common stock, respectively [8]. - The report indicates a $5 billion impairment loss related to Kraft Heinz during the quarter [11]. Group 3: Changes in Governance - A notable change occurred with Berkshire's representation on the Kraft Heinz board, which may affect the financial information received from the company, leading to a lag in reporting equity method impacts [10]. Group 4: Stock Buyback Activity - The report states that there were no stock buybacks in the first half of 2025, despite the company's ongoing buyback program, which allows repurchases when the stock price is below its intrinsic value [14].
伯克希尔哈撒韦二季度末前五大重仓股公允价值合计占比达67%
news flash· 2025-08-02 12:39
Group 1 - The core viewpoint is that Berkshire Hathaway's top five holdings account for 67% of the fair value of its portfolio as of June 30, 2025 [1] - The top five holdings include American Express, Apple, Bank of America, Coca-Cola, and Chevron [1] - Additionally, the company holds common stock in Occidental Petroleum, which is accounted for using the equity method [1]
伯克希尔哈撒韦A:截至二季度末 公司前五大持仓的公允价值合计占比达67%
news flash· 2025-08-02 12:33
Group 1 - The core viewpoint of the article highlights that as of June 30, 2025, the fair value of Berkshire Hathaway's top five holdings accounts for 67% of its total portfolio [1] - The top five holdings as of the end of Q2 include American Express, Apple, Bank of America, Coca-Cola, and Chevron [1]
伯克希尔哈撒韦A(BRK.A.N)截至二季度末前五大持仓分别为美国运通(AXP.N)、苹果(AAPL.O)、美国银行(BAC.N)、可口可乐(KO.N)和雪佛龙(CVX.N)。
news flash· 2025-08-02 12:33
Group 1 - Berkshire Hathaway's top five holdings as of the end of Q2 are American Express, Apple, Bank of America, Coca-Cola, and Chevron [1]
大跌!特朗普:立刻解雇她!
Sou Hu Cai Jing· 2025-08-02 03:44
Economic Overview - The unemployment rate in the U.S. increased by 0.1 percentage points to 4.2% in July, with non-farm payrolls adding only 73,000 jobs, significantly below the expected 100,000 [1][5] - The job growth figures for May and June were also revised downward, indicating a cooling labor market [5] Market Reaction - Following the employment data release, U.S. stock indices collectively declined, with the Dow Jones falling by 1.23%, the S&P 500 down by 1.60%, and the Nasdaq dropping by 2.24% [1] - The week saw the Dow Jones experiencing its worst performance since early April, with a total decline of 2.92% [1] Federal Reserve Implications - The probability of a 25 basis point rate cut by the Federal Reserve in September surged from 37.7% to 75.5% following the disappointing employment data [5] - President Trump expressed dissatisfaction with the labor statistics and announced the dismissal of the Bureau of Labor Statistics director, Erica McEntyre, accusing her of manipulating employment data for political purposes [5][6] Federal Reserve Board Changes - Federal Reserve Board member Adriana Kugler announced her resignation effective August 8, allowing Trump to make new appointments to the board ahead of schedule [6]