来源：格隆汇APP 美国总统特朗普呼吁自1月20日起，将信用卡年利率上限设定为10%，为期一年，但他并未透露该计划 将如何落地，也未说明打算如何促使企业遵守这一要求。 格隆汇1月12日｜特朗普呼吁将信用卡利率上限设定为10%，美股银行股盘前下跌，摩根大通下跌 2.4%，花旗下跌3.6%，美国银行下跌1.5%。 ...

Photographer: Samuel Corum/Getty Images President Donald Trump said that credit-card lenders would be “in violation of the law” if they don’t heed his call to cap interest rates at 10% for one year. Trump, speaking Sunday to reporters on Air Force One as he returned to Washington from Florida, doubled down on his demand that card issuers lower interest rates to 10% and keep them there for one year. He set a Jan. 20 deadline for compliance. Most Read from Bloomberg If the rates have not been capped by ...

Core Insights - "Linas Agro", a major agribusiness in Lithuania, has secured a EUR 30 million working capital financing agreement with Citibank N.A. to support grain purchasing operations at the Port of Klaipeda [1][5] - This financing agreement is notable as it represents one of the few agribusiness transactions in Lithuania involving a significant international commercial bank [1] Company Overview - "Linas Agro" is recognized as one of the largest buyers of wheat, rapeseed, and other cereals in Lithuania, and it leads in purchasing within the Baltic states [6] - The company exports wheat primarily to Nigeria, South Africa, Spain, and Morocco, while rapeseed is exported to Germany, the United Kingdom, the Netherlands, and Nordic countries [6] Financing Details - The financing will facilitate smoother planning of seasonal grain purchasing flows and enhance working capital management [2] - The trade financing structure utilized by "Linas Agro" is not available from local financial institutions, indicating a strategic move to diversify funding sources [3] Strategic Importance - The cooperation with Citibank is seen as a recognition of the operating standards of "Linas Agro" and the Akola Group, enhancing visibility in international markets [4] - This transaction is expected to strengthen the company's position within global export supply chains and support its continued expansion in international markets [4][5] Industry Context - Lithuanian farmers harvest approximately 7–8 million tonnes of cereals annually, with around 70% of the national wheat crop being exported [7]

(Bloomberg) -- Deutsche Bank AG’s India retail assets and wealth management have drawn binding bids from Kotak Mahindra Bank Ltd. and Federal Bank Ltd., according to people familiar with the matter, as the local lenders pounce on opportunities from foreign players seeking to exit the crowded banking market.The suitors are in advanced discussions with Deutsche Bank for the assets, which are estimated to have a book size of at least $2.5 billion, the people said, asking not to be identified because the talks ...

Group 1: Core Insights - Deutsche Bank AG's retail assets and wealth management in India have attracted binding bids from Kotak Mahindra Bank Ltd. and Federal Bank Ltd. as local lenders seek opportunities from foreign players exiting the competitive banking market [1] - The assets being discussed have an estimated book size of at least $2.5 billion, with ongoing negotiations that could still fall through [2][3] - The assets include mortgage loans, small business loans, and wealth management services, with Deutsche Bank having previously halted a sale of its retail and private wealth business in 2018 due to unsatisfactory pricing [4] Group 2: Company Strategies - Kotak Mahindra Bank aims to strengthen its position in wealth and private banking through this acquisition, having previously expanded its retail business by acquiring Standard Chartered Bank's personal loan portfolio in India in 2024 [7] - Federal Bank's successful acquisition would facilitate its transformation from a regional lender to a national financial services player, supported by Blackstone's investment of over $700 million, making it the bank's largest shareholder [8] Group 3: Industry Trends - Indian lenders are expanding their businesses to capitalize on the booming wealth management market, driven by strong economic growth and increasing deposits [6] - The trend of stake purchases in India's banking sector by Japanese and other lenders indicates a growing appetite for banking assets [6]

智通财经获悉，银行财报季将于周二拉开序幕，摩根大通(JPM.US)和纽约梅隆银行(BK.US)率先发布，随后花旗集团(C.US)、富国银行(WFC.US)和美国银行 (BAC.US)将于周三公布业绩，高盛(GS.US)和摩根士丹利(MS.US)利则定于周四发布。 随着交易活动加速，投资银行业务收入预计将助力推动第四季度业绩。Dealogic数据显示，2025年全年全球投行业务收入同比增长15%至1030亿美元。并购 交易额同比增长42%至5.1万亿美元。 在第四季度每股收益的共识预期中，花旗集团在全球系统重要性银行中以同比增长21%位居前列；在信托银行类别中，纽约梅隆银行预期增长15%；在大型 区域性银行中，Citizens金融集团预期增幅达30%。 过去六个月中，每股收益共识预期上调幅度最大的是：全球系统重要性银行中的摩根士丹利(预期同比增长16%)、信托银行中的纽约梅隆银行(预期同比 7.1%)以及大型区域性银行中的美国合众银行。 尽管第四季度业绩本身很重要，但摩根士丹利分析师贝琪·格拉塞克在给客户的报告中指出："即将发布的业绩指引以及对资本市场复苏范围扩大的进一步确 认将更为重要。" 2025年第四季度 ...

Group 1: Earnings Reports and Expectations - The earnings season for banks will commence with JPMorgan Chase and Bank of New York Mellon reporting on Tuesday, followed by Citigroup, Wells Fargo, and Bank of America on Wednesday, and Goldman Sachs and Morgan Stanley on Thursday [1] - Consensus expectations for Q4 earnings per share (EPS) show Citigroup leading with a 21% year-over-year growth among global systemically important banks, while Bank of New York Mellon is expected to grow by 15% in the trust bank category [1] - The most significant upward revisions in EPS consensus over the past six months are for Morgan Stanley (16% growth), Bank of New York Mellon (7.1% growth), and U.S. Bancorp [1] Group 2: Investment Banking and Market Activity - Investment banking revenue is projected to support Q4 performance, with Dealogic forecasting a 15% year-over-year increase in global investment banking revenue to $103 billion and a 42% rise in M&A deal volume to $5.1 trillion [1] - Morgan Stanley's model predicts a 9% year-over-year increase in investment banking fees for Q4, slightly below the market expectation of 11%, while M&A advisory fees are expected to rise by 15% [2] - The trading revenue is anticipated to grow by 8% year-over-year, with equity trading expected to increase by 12%, surpassing the 5% growth forecast for fixed income, foreign exchange, and commodities trading [2] Group 3: Future Outlook and Strategic Insights - Analysts expect that transaction, wealth management, and investment banking will drive growth in 2026, with a slowdown in net interest income growth due to declining interest rates [3] - The banks with the best prospects for net interest income growth in the coming year are Bank of America, JPMorgan Chase, and Bank of New York Mellon, while Morgan Stanley and JPMorgan are preferred in trading business [3] - In the M&A sector, Morgan Stanley, Goldman Sachs, and JPMorgan are viewed positively for their performance [3] Group 4: Accounting Changes and Financial Impact - Bank of America announced a change in accounting treatment related to tax-advantaged housing and renewable energy investments, which will minimally impact annualized net income [2] - Following the accounting change, Bank of America's retained earnings as of September 30, 2025, will decrease by $1.7 billion, reflecting cumulative effects from the timing differences in expense recognition [2]

（原标题：?"超级周"重磅来袭 华尔街牛市信仰迎大考! 美股财报季震撼启幕 美国CPI携手PPI重磅登 场） 华尔街金融巨头摩根大通(JPM.US)以及纽约梅隆银行(BK.US)将在周二公布第四季度财报，意味着第四 季度美股财报季正式开幕，而美国银行(BAC.US)、富国银行(WFC.US)以及花旗集团(C.US)等华尔街金 融巨头则将在当地时间周三陆续公布财报。 本周还将有其他知名公司重磅发布财报数据，其中包括华尔街投资银行超级巨头高盛(GS.US)与摩根士 丹利(MS.US)，以及有着全球芯片代工之王称号的芯片制造商台积电(TSM.US)，这些公司将在当地时间 周四陆续发布财报。对于当前主宰美股牛市曲线的"AI牛市叙事"而言，台积电业绩可谓至关重要，该芯 片巨头财报堪称"AI算力产业链风向标"，投资者们将透过该公司财报洞察全球对于"AI芯片霸主"英伟 达、博通等一众AI芯片领军者们的AI算力集群需求是否仍然无比强劲以及对于智能手机、平板、PC等 消费电子端芯片的需求是否健康。 12月非农勾勒出美国劳动力市场放缓轨迹，CPI与PPI会否引爆降息预期升温? 智通财经APP获悉，在关税政策不确定性被暂时搁置，1 ...

US stock futures sank on Monday, pulling back from records amid concerns over Federal Reserve independence after US prosecutors opened a criminal investigation into its Chair Jerome Powell. Dow Jones Industrial Average futures (YM=F) sank 0.7%, while S&P 500 futures (ES=F) fell 0.6%. Contracts on the tech-heavy Nasdaq 100 (NQ=F) led the way lower, dropping roughly 0.9% on the heels of all-time closing highs for Wall Street stocks. Rattled markets are turning their backs on US assets after Powell said th ...

Group 1: Market Outlook - Credit quality is expected to remain stable, with no significant credit cycle anticipated without a recession, although specialized exposures may pose risks [1] - Rate stability is deemed more important than rate cuts, with a positively sloped yield curve and lower rate volatility expected to enhance net interest margins [2] - The banking sector is predicted to experience strong mergers and acquisitions and initial public offerings due to strategic investor interest and a smooth approval process [2] Group 2: Bank of America’s Position - Bank of America (BofA) is optimistic about bank stocks, citing multiple fundamental drivers that create a supportive environment for the sector [4] - The focus is on Global Systemically Important Banks (GSIBs) and select regional banks that demonstrate growth potential [5] - BofA's "Year Ahead 2026" report indicates that current conditions resemble those of the late 1990s and early 2000s, rather than the post-global financial crisis period [5] Group 3: Stock Recommendations - Citigroup is highlighted as having the best risk/reward profile among large-cap banks, with a price target raised to $140, implying a 14.3% upside [7] - Wells Fargo is viewed positively due to the removal of the asset cap, which is expected to enhance growth and productivity [14] - Morgan Stanley is considered a strong buy due to its unique business setup and potential for synergies within its integrated franchise [20][21] Group 4: Earnings Projections - BofA forecasts Citigroup's earnings per share (EPS) to grow by about 25% annually from 2026 to 2027, with a projected EPS of $10.57 for 2026 [7][9] - Morgan Stanley's EPS is expected to reach $7.07 in 2026, with an average annual growth of about 15% [18] - Goldman Sachs is projected to have an EPS of $10.95 in 2026, with an implied upside of 12.6% [24] Group 5: Sector Dynamics - The removal of regulatory constraints is expected to allow banks like Wells Fargo to pursue better growth opportunities [14] - BofA believes that the GSIBs will lead the sector as capital markets activity increases, with a multi-year re-rating cycle anticipated [29][31] - The classic drivers of returns in 2026 are expected to remain focused on revenues, costs, capital, and credit, rather than AI, which is not yet a significant profit driver [31]