에 대한 최신 뉴스 iShares U.S. Financial ETF (ARCA:IYF)

iShares U.S. Financial ETF

Financial Services

Industrials

The fund seeks to track the investment results of the Dow Jones U.S. Financial Services Index (the Underlying Index), which measures the performance of the financial services sector of the U.S. equity market. The Underlying Index is a subset of the Dow Jones U.S. Index (Parent Index) and includes components of the following subsectors in the Parent Index banks, asset managers, consumer finance, specialty finance, investments services and mortgage finance.

Berkshire Hathaway, Inc.

Jpmorgan Chase & Co.

Bank Of America Corp.

Wells Fargo & Co.

Goldman Sachs Group Inc.

S&P Global Inc

Blackrock Inc.

Progressive Corp.

Citigroup Inc.

Morgan Stanley

iShares US Financials ETF

Advocating For Long-Term Sustainability

Equities

News

Markets

iShares Dow Jones US Financial Sector Index Fund

다음은 주식 시장 뉴스의 한국어 번역입니다.

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연방 예금 보험 공사(FDIC)와 BlackRock Inc. (NYSE:BLK)가 자산 관리자의 미국 은행 보유 지분에 영향을 미치는 새로운 준수 조치를 두고 1월 10일로 다가오는 중요한 마감일을 맞이하고 있습니다. 이는 기관 투자자의 은행 부문 영향력에 대한 ongoing debate에서 중요한 발전을 나타냅니다.

무슨 일이

블랙록의 은행 지분 규정 준수 시한은 1월 10일, 기관 투자자에 대한 감독 요건 강화: FT 보도

Stress,Business,Man,Look,At,The,Computer,Screen,,The,Red

ETFs

ALLY

iShares Trust Dow Jones US Financial Services Index Fund

하나의 발언이 JP모건 체이스(NYSE:JPM)의 주식을 화요일 장 중 최대 7.5% 하락시킨 것일까? 그런 것 같다. JP모건의 최고 운영책임자(COO) 다니엘 핀토(Daniel Pinto)가 화요일 업계 행사에서 내년 비용과 순이자소득(NII)에 대한 애널리스트 예측을 완화하였다.

COO가 분석가 전망에 찬물을 끼얹자 화요일 JP모건 주가가 큰 폭으로 하락

On CNBC's <a href="https://www.cnbc.com/video/2025/03/26/final-trades-chewy-wabtec-crown-castle-and-jpmorgan-chase.html">&#8220;Halftime Report Final Trades</a>,&#8221; Jim Lebenthal of Cerity Partners said he is long-term bullish but a bit nervous for the short term on Vertex Pharmaceuticals Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRTX#NASDAQ">VRTX</a>).
RBC Capital analyst Brian Abrahams, on Feb. 20, maintained Vertex Pharmaceuticals with a Sector Perform rating and raised the price target from<a href="https://www.benzinga.com/quote/VRTX/analyst-ratings"> $407 to $408</a>.
Shannon Saccocia of NB Private Wealth named iShares U.S. Financials ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYF#NYSE">IYF</a>) as her final trade.
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Joshua Brown of Ritholtz Wealth Management picked Netflix, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), saying the stock is close to its 52-week high.
Supporting his view, MoffettNathanson analyst Michael Nathanson, on March 17, upgraded Netflix from Neutral to Buy and raised the price target from $850 to $1100.
Price Action:
<ul>
<li>Vertex Pharmaceuticals shares gained 0.5% to close at $502.55 on Thursday.</li>
<li>iShares U.S. Financials ETF fell 0.6% during Thursday's session.</li>
<li>Netflix shares gained 0.6% to close at $976.72 on Thursday.</li>
</ul>
Check This Out:
<ul>
<li><a href="https://www.benzinga.com/25/03/44513063/jim-cramer-stryker-is-a-good-company-likes-this-utilities-stock"> Jim Cramer: Stryker Is A &#8216;Good&#8217; Company, Says He Likes This Utilities Stock</a></li>
</ul>
Photo: Shutterstock

Long Ideas

Media

Trading Ideas

NFLX

VRTX

Netflix, Vertex Pharmaceuticals And More On CNBC's 'Final Trades'

Analyst Ratings

CNBC Halftime Report Final Trades: Vertex Pharmaceuticals, Netflix, iShares U.S. Financial ETF

The Consumer Financial Protection Bureau (CFPB) has been put on ice. Staffers have been told to halt all work, and the agency's Washington headquarters has <a href="https://www.benzinga.com/topic/cfpb">reportedly been shut down</a>. 
While this unprecedented move raises serious concerns about consumer rights, it also presents a potential opportunity for investors. ETFs with significant exposure to banks, payday lenders, and credit reporting agencies may benefit if looser regulations translate into higher profit margins.
Also Read: <a href="https://www.benzinga.com/government/regulations/25/02/43451675/bessent-freezes-consumer-financial-protection-bureau-work-leaving-lawsuits-against-jpmorgan-bank-of-america-capital-one-in-limbo">Bessent Freezes Consumer Financial Protection Bureau Work Leaving Lawsuits Against JPMorgan, Bank Of America, Capital One In Limbo</a>
Banking &amp; Financial Sector ETFs: The Biggest Beneficiaries?
Big banks have frequently clashed with the CFPB over issues ranging from overdraft fees to consumer lending practices. With the watchdog out of commission, major financial institutions could see reduced compliance costs and potentially higher profits. 
Investors looking to capitalize on this regulatory shift might consider ETFs with heavy bank exposure, such as:
<ul>
<li>Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>): This fund tracks large U.S. financial institutions, including JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), Bank of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>), and Citigroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>). </li>
<li>Invesco KBW Bank ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KBWB#NASDAQ">KBWB</a>): This ETF could benefit if regulatory rollbacks allow banks to expand lending operations with fewer restrictions. Goldman Sachs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), JPMorgan, Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>), Bank Of America and Wells Fargo &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>) are among the top holdings of the ETF.</li>
<li>iShares U.S. Financials ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYF#NYSE">IYF</a>): Another broad financial sector play, IYF provides exposure to insurance firms, banks, and capital markets. Among its top holdings are S&amp;P Global (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPGI#NYSE">SPGI</a>), BlackRock Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) and Wells Fargo.</li>
</ul>
Also Read: <a href="https://www.benzinga.com/government/regulations/24/12/42479974/us-lenders-file-joint-lawsuit-against-consumer-finance-watchdog-for-capping-overdraft-fees-wells-fargo-jpmorgan-citigroup-stocks-in-focus">US Lenders File Joint Lawsuit Against Consumer Finance Watchdog For Capping Overdraft Fees</a>
FinTech &amp; Alternative Lending: Risky Yet Promising
The CFPB has been a thorn in the side of payday lenders and fintech firms, often cracking down on <a href="https://www.benzinga.com/markets/equities/25/01/42836870/warren-buffetts-berkshire-hathaway-subsidiary-sued-over-unaffordable-loans-2008-style-predatory-loan-approval-tactics">predatory lending practices</a>. With enforcement on hold, companies like LendingClub (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LC#NYSE">LC</a>) may operate with fewer regulatory headaches. That makes fintech-focused ETFs worth watching, such as:
<ul>
<li>Global X FinTech ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FINX#NASDAQ">FINX</a>): This fund invests in innovative financial technology firms that could benefit from a more relaxed regulatory environment. Fidelity National Info (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIS#NYSE">FIS</a>) and Fiserv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>) sit at the top of the portfolio distribution.</li>
<li>iShares US Small Cap Value Factor ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/SVAL#BATS">SVAL</a>): It is an equal-weighted equity index tracking the Russell 2000 Focused Value Select Index which measures the performance of small-cap U.S. companies&nbsp;including LendingClub.</li>
</ul>
<h3 class="wp-block-heading">The Background</h3>
The CFPB, created in the aftermath of the 2008 financial crisis, has been — according to advocates — a necessary watchdog keeping financial institutions in check. 
For example, the CFPB has <a href="https://www.consumerfinance.gov/about-us/blog/twelve-years-of-protecting-consumers-and-honest-businesses/#:~:text=Here%27s%20a%20look%20at%20some,CFPB%20enforcement%20and%20supervision%20work">recovered</a> over $17.5 billion for consumers affected by fraudulent or predatory practices.
It has also <a href="https://www.consumerreports.org/consumer-protection/how-cfpb-changes-could-impact-consumers-a2527371632/?utm_source=chatgpt.com">established</a> rules to limit overdraft fees and reduce credit card late fees, aiming to protect consumers from excessive charges.
Meanwhile, critics — especially from the banking industry (i.e., JPMorgan Chase CEO Jamie Dimon) — argue <a href="https://www.benzinga.com/startups/24/11/42024453/if-youre-in-a-knife-fight-you-better-damn-well-bring-a-knife-jpmorgan-ceo-jamie-dimon-calls-for-a-stand-against-regulation">it&#8217;s a regulatory burden</a>.
Now, with an abrupt directive for staff to ‘stand down' and stop all work, the agency's future is uncertain.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/etfs/sector-etfs/25/02/43632056/3-etfs-for-cybersecurity-investors-as-ai-driven-threats-grow">3 ETFs For Cybersecurity Investors As AI-Driven Threats Grow</a></li>
</ul>
Photo: Shutterstock

Sector ETFs

Broad U.S. Equity ETFs

FINX

KBWB

SPGI

SVAL

Regulatory Freeze At CFPB: These ETFs Could Gain As Oversight Weakens

JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) shares are trading nearly flat premarket after it reported <a href="https://www.benzinga.com/pressreleases/25/01/b42997622/jpmorganchase-reports-fourth-quarter-and-full-year-2024-financial-results" target="_blank" rel="noreferrer noopener">fourth-quarter FY24 results</a>.
Reported revenue&nbsp;rose&nbsp;11% year-on-year to&nbsp;$42.8&nbsp;billion. Net revenue (<a target="_blank" href="https://jpmorganchaseco.gcs-web.com/node/723716/html#a4q24erfexhibit991narrative.htm" rel="noreferrer noopener">managed</a>) was&nbsp;$43.7 billion&nbsp;(+10%&nbsp;Y/Y), beating the&nbsp;consensus of&nbsp;$41.707 billion.
Consumer &amp; Community Banking (CCB) revenue rose 1%&nbsp;Y/Y to&nbsp;$18.362&nbsp;billion, and Commercial &amp; Investment Bank revenue was&nbsp;$17.598&nbsp;billion&nbsp;(+18% Y/Y) in the quarter.
Investment Banking revenue was&nbsp;$2.6&nbsp;billion, up&nbsp;46% Y/Y, in the quarter. Investment Banking fees rose 49% Y/Y, led by higher fees across all products.
Asset and Wealth Management revenue was&nbsp;$5.8&nbsp;billion&nbsp;(+13%&nbsp;Y/Y), and Corporate revenue stood at&nbsp;$2.00&nbsp;billion&nbsp;(+13%&nbsp;Y/Y) in the quarter.
In AWM,&nbsp;Assets under management stood at&nbsp;$4.0&nbsp;trillion, and client assets stood at&nbsp;$5.9&nbsp;trillion&nbsp;(up&nbsp;18%), driven by higher market levels and continued net inflows.
Net interest income fell 3% Y/Y to $23.5 billion in the quarter. Net interest income excluding Markets&nbsp;stood at $23.0 billion, down 2% Y/Y, due to lower rates and deposit margin compression along with lower deposit balances in CCB.&nbsp;
Noninterest revenue was&nbsp;$20.3 billion, up&nbsp;29%&nbsp;Y/Y, in the quarter. Noninterest revenue, excluding Markets,&nbsp;increased 30% Y/Y to $13.7 billion, led by higher asset management fees in AWM and CCB, increased investment banking fees and lower net investment securities losses.
Noninterest expense decreased&nbsp;7%&nbsp;Y/Y to&nbsp;$22.8&nbsp;billion in the quarter. Average loans rose&nbsp;2%&nbsp;Y/Y and up 1% quarter-over-quarter; average deposits were up&nbsp;2%&nbsp;Y/Y and 1% Q/Q.
In CCB, Debit and credit card sales volume increased by&nbsp;8% Y/Y, and active mobile customers were up&nbsp;7%&nbsp;Y/Y.&nbsp;
In CIB, Market revenue rose&nbsp;21% Y/Y, with Fixed Income Markets increasing 20% and Equity Markets up&nbsp;22% in the quarter.
JPM&#8217;s provision for credit losses was&nbsp;$2.6 billion&nbsp;(-5%&nbsp;Y/Y), including net charge-offs of&nbsp;$2.4&nbsp;billion&nbsp;and a net reserve build of&nbsp;$267 million.&nbsp;
Net income rose 50% Y/Y to&nbsp;$14.0&nbsp;billion&nbsp;in the quarter. EPS of&nbsp;$4.81 exceeded&nbsp;<a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">the consensus of&nbsp;$4.11</a>.
The CET1 capital ratio stood at&nbsp;15.7%, and the advanced CET1 capital ratio was&nbsp;15.8%. The bank&#8217;s capital distributions included a dividend per share of&nbsp;$1.25&nbsp;and $4.0 billion of common stock net repurchases.
<a target="_blank" href="https://www.jpmorganchase.com/content/dam/jpmc/jpmorgan-chase-and-co/investor-relations/documents/quarterly-earnings/2024/4th-quarter/9aff0e71-2b8c-4f41-ac93-8da74c263894.pdf" rel="noreferrer noopener">Outlook</a>: JPMorgan expects FY25 net interest income,&nbsp;excluding Markets, of ~$90 billion and project card&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">services NCO rate of ~3.60%.</a>
Jamie Dimon, Chairman and CEO, said, &#8220;The U.S. economy has been resilient. Unemployment remains relatively low, and consumer spending stayed healthy, including during the holiday season. Businesses are more optimistic about the economy, and they are encouraged by expectations for a more pro-growth agenda and improved collaboration between government and business.&#8221;
&#8220;However, two significant risks remain. Ongoing and future spending requirements will likely be inflationary, and therefore, inflation may persist for some time. Additionally, geopolitical conditions remain the most dangerous and complicated since World War II.&#8221;
Read: <a target="_blank" href="https://www.benzinga.com/news/management/25/01/42994008/jamie-dimon-oversees-major-leadership-shake-up-at-jpmorgan-chase-as-president-daniel-pinto-prepares-to-step-down" rel="noreferrer noopener">Jamie Dimon Oversees Major Leadership Shake-Up At JPMorgan Chase As President Daniel Pinto Prepares To Step Down</a>
Investors can gain exposure to the stock via&nbsp;IShares U.S. Financial Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>) and&nbsp;iShares U.S. Financial ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYF#NYSE">IYF</a>).
Price Action: JPM shares are up 0.29% at $248.18  premarket at the last check Wednesday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/01/42996752/us-stocks-to-open-higher-ahead-of-december-inflation-data-all-eyes-on-baking-earnings-by-jpm-goldman-citi-wells-fargo" target="_blank" rel="noreferrer noopener">US Stocks To Open Higher Ahead Of December Inflation Data: All Eyes On Banking Stocks As JPMorgan, Goldman, Citi, Wells Fargo Report Quarterly Earnings</a></li>
</ul>

Earnings

Large Cap

Guidance

Movers

JPMorgan Chase Q4 Earnings: Investment Banking Revenue Jumps 46%, CEO Jamie Dimon Says 'Inflation May Persist For Some Time'

<a target="_blank" href="https://www.benzinga.com/topic/airlines" rel="noreferrer noopener">Earlier this week</a> at CES 2025, Delta Air Lines, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) demonstrated Delta Concierge, an AI-powered digital tool that will add advanced capabilities to its Fly Delta app <a target="_blank" href="https://news.delta.com/delta-unveils-ai-powered-travel-journey-new-multi-modal-transportation-options" rel="noreferrer noopener">beginning in 2025</a>.
The airline also announced &#8216;multi-modal&#8217; transportation options offered through Delta partners Uber Technologies, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) and Joby Aviation, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JOBY#NYSE">JOBY</a>).&nbsp;
The airline added Delta Concierge to the Fly Delta app for a seamless, personalized travel experience that leverages generative AI.&nbsp;
Also Read: <a target="_blank" href="https://www.benzinga.com/25/01/42872581/microns-7-billion-bet-on-ai-driven-memory-singapore-facility-set-to-boost-innovation-and-jobs" rel="noreferrer noopener">Micron&#8217;s $7 Billion Bet on AI-Driven Memory In Singapore Facility Set to Boost Innovation</a>
At CES in 2020, Delta previewed its &#8216;concierge&#8217; concept. Delta also previewed new partnerships with&nbsp;Uber and&nbsp;Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) YouTube, including its expectations from its&nbsp;Joby partnership.&nbsp;
Delta is striving to build customer loyalty using data and AI. The AI assistant will work to create time-saving efficiencies, including notifying customers about passport expiration, visa requirements, weather updates, and wayfinding at unfamiliar airports.
In the future, Delta Concierge will enable customers to automatically connect to Delta Sync Wi-Fi and Delta Sync seatback, the airline&#8217;s personalized in-flight entertainment experience.
Delta also outlined a multimodal future of travel in which a single customer itinerary will be connected from start to finish through deep partner integrations. The Delta-Uber partnership will allow customers to earn miles for eligible rides and deliveries.
Delta Concierge will also connect with Joby&#8217;s&nbsp;electric air taxi&nbsp;service. Delta and Joby announced their alliance in 2022 and expect to begin operating in Delta&#8217;s New York and Los Angeles hubs.
B Of A Securities&#8217; Andrew G. Didora <a target="_blank" href="https://www.benzinga.com/25/01/42824930/bofa-expects-deltato-maintain-10-eps-growth-in-2025-sees-strong-q4-result" rel="noreferrer noopener">raised estimates for</a> Delta ahead of its fourth-quarter print. Didora raised the quarterly revenue growth estimate to 4.3% (prior 3.6%), versus the 2%-4% outlook. He expects EPS of $1.78 versus the guidance of $1.60-$1.85.
Morgan Stanley&#8217;s Ravi Shankar maintained&nbsp;<a target="_blank" href="https://www.benzinga.com/general/travel/24/12/42450095/us-airlines-set-to-fly-high-in-2025-analyst-says-perfect-storm-of-tailwinds-will-propel-industry-gains" rel="noreferrer noopener">a bullish outlook</a> on the airline industry. The analyst flagged how airlines like Delta reaped the benefits of &#8220;the premiumization trend,&#8221; backed by loyalty programs, credit cards, and brand partnerships. Goldman Sachs&#8217; Catherine O&#8217;Brien <a target="_blank" href="https://www.benzinga.com/24/11/42119662/goldman-sachs-analyst-sees-delta-eps-soaring-to-950-by-fy26-details" rel="noreferrer noopener">also voiced similar</a> sentiments.
Delta chief Ed Bastian&nbsp;had signaled <a target="_blank" href="https://www.benzinga.com/news/global/24/11/42106369/delta-chief-says-trump-could-be-a-breath-of-fresh-air-for-aviation-industry" rel="noreferrer noopener">positive regulatory changes</a> for the industry under Donald Trump&#8217;s presidency.
Delta stock surged over 45% in the last 12 months. Investors can gain exposure to the stock through U.S. Global Jets ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JETS#NYSE">JETS</a>) and iShares U.S. Financial ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYF#NYSE">IYF</a>).
Price Action: DAL stock closed at $61.18 on Wednesday.
Also Read:
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<li><a href="https://www.benzinga.com/25/01/42871786/acuity-brands-earnings-beats-profit-estimates-smart-spaces-revenue-soars-145-expands-into-cloud-tech-with-12-billion-deal" target="_blank" rel="noreferrer noopener">Acuity Brands Q1 Earnings: Revenue Miss, Smart Spaces Revenue Soars 14.5%, Expands Into Cloud Tech With $1.2 Billion Deal</a></li>
</ul>
Photo by VanderWolf via Shutterstock

GOOG

GOOGL

JETS

JOBY

UBER

Delta Expands Premium Travel Experience with Uber, YouTube, and Joby Partnerships

CNBC Halftime Report Final Trades: Apollo Global Management, UnitedHealth Group, iShares U.S. Financial ETF, Boston Scientific

The Federal Deposit Insurance Corporation and BlackRock Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) are heading toward a critical Jan. 10 deadline over new compliance measures affecting the asset manager&#8217;s holdings in U.S. banks, marking a significant development in the ongoing debate over institutional investor influence in the banking sector.
What Happened: The FDIC is pushing BlackRock, which manages $11.5 trillion in assets, to accept enhanced oversight requirements when it owns more than 10% of FDIC-supervised banks&#8217; shares, the Financial Times <a href="https://www.ft.com/content/1d559e21-66b6-4a50-8177-6b0daefaf7a1">reported</a>, citing sources. 
This move follows competitor Vanguard&#8216;s recent agreement to broader FDIC oversight and expanded passivity agreements covering banks within larger holding companies.
BlackRock&#8217;s stakes in 39 U.S. community and regional banks exceed the 10% threshold, triggering regulatory concern. In an October comment letter, BlackRock strongly opposed the proposal, arguing it would &#8220;harm investors, disrupt the flow of capital to the economy, and undermine the efficacy&#8221; of existing regulations.
In its iShares U.S. Financial ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYF#NYSE">IYF</a>), BlackRock&#8217;s largest banking holdings are in JPMorgan Chase &amp; Co, Bank of America Corp, and Wells Fargo &amp; Company.
BlackRock and FDIC did not immediately respond to&nbsp;<a href="http://pro.benzinga.com/" target="_blank" rel="noreferrer noopener">Benzinga</a>'s request for comment.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42735623/trump-backed-platforms-pick-years-chart-topper-6-new-cryptos-added-to-grayscales-top-20-list-with-growth-potential-in-q1-2025">Trump-Backed Platform&#8217;s Pick, Year&#8217;s Chart Topper: 6 New Cryptos Added To Grayscale&#8217;s &#8216;Top 20&#8217; List With Growth Potential In Q1 2025</a>
Why It Matters: The conflict reflects growing regulatory scrutiny of major asset managers&#8217; influence over the financial sector. Harvard law professor John Coates, in his 2023 book &#8220;The Problem of Twelve,&#8221; warned about the unprecedented concentration of voting power, noting that major index funds together <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38051183/could-3-powerful-fund-managers-take-control-of-us-banks">control over 20% of S&amp;P 500 companies&#8217; votes</a>.
FDIC director Jonathan McKernan has emphasized the necessity of <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38051183/could-3-powerful-fund-managers-take-control-of-us-banks">robust compliance measures</a>, particularly as passive investment giants like BlackRock, Vanguard, and State Street Corp. continue to expand their holdings through index funds.
While BlackRock proposed alternative passivity agreements in December, these fell short of the compliance measures Vanguard accepted. The FDIC&#8217;s January deadline comes as the agency anticipates new leadership following the upcoming administration change.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/12/42735573/two-magnificent-7-giants-snubbed-in-dan-ives-top-10-tech-winners-for-the-ai-revolution-into-2025-but-palantir-salesforce-and-snowflake-made-the-cut">Palantir, Salesforce, And Snowflake Made The Cut, But 2 &#8216;Magnificent 7&#8242; Giants Left Out From Dan Ives&#8217; Top 10 Tech Winners For The AI Revolution In 2025 List</a></li>
</ul>
Image via Blackrock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

BlackRock Faces Jan. 10 Deadline For Compliance Over Bank Stakes As FDIC Scrutinizes Investor Power: Report

The global fund managers increased their allocation to <a href="https://www.benzinga.com/24/12/42527883/top-3-financial-stocks-which-could-rescue-your-portfolio-for-december">financial stocks</a>, which include both banks and insurance companies, to an all-time high in December.
What Happened: According to the Bank of America&#8217;s Global Fund Manager Survey, as reported <a href="https://finance.yahoo.com/news/investors-allocation-to-us-stocks-hits-record-high-amid-super-bullish-sentiment-bofa-survey-164349535.html">by</a> Yahoo Finance, investors&#8217; allocation to banks increased by 23% points in December compared to the previous month. This resulted in global fund managers being 41% overweight on banking stocks in December, which is the highest since January 2022.
Similarly, the allocation to insurance companies surged by 15% points month-on-month. This represented an overweight position of 20% within the sectors by the global fund managers. It is the highest since February 2014.
Furthermore, the investor positioning relative to their historical long-term positions increased within the financial universe, followed by the U.S. stocks and utilities, according to the BofA survey.
The investors were underweight with respect to their exposure to cash, Eurozone stocks, staples, and bonds.
See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42531373/financial-stocks-near-record-year-could-trump-deregulation-fuel-bigger-gains-in-2025">Financial Stocks Near Record Year: Could Trump Deregulation Fuel Bigger Gains In 2025?</a>
What Are The Analysts Saying
Mario Georgiou, executive director, head of investments at InCred Global Wealth U.K., in an <a href="https://www.benzinga.com/24/11/42158682/donald-trumps-win-positive-for-financials-energy-sector-as-pro-growth-effects-will-outweigh-inflationary-pressures-says-analyst">exclusive conversation with Benzinga</a>, described tax cuts and deregulation as tailwinds to the markets. He considers inflationary policies such as tariffs and immigration impacts as headwinds, leading to a steepening yield curve, and higher term premiums.
"Financials offer an attractive risk-reward and that this recent post-election rally has room to run," added Georgiou. According to him "Financials are not only well positioned to capture the benefits of the above-mentioned Trump tailwinds, but are also less impacted / would even benefit from the Trump headwinds."
Bank of America's global economics team recently summarized the sentiment, stating, "Pro-growth policies like deregulation of financial services and energy, as well as lower taxes, are boosting market sentiment and asset prices."
According to Goldman Sachs analyst Richard Ramsden, large-cap banks remain optimistic about the economy. &#8220;Healthy consumer spending trends and strong corporate balance sheets have supported a constructive outlook,&#8221; Ramsden said in a recent note.
The top-performing financial stocks of 2024 include Robinhood Markets, Interactive Brokers Group, Coinbase Global, KKR &amp; Co, and Wells Fargo.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Company</td>
<td>YTD Performance</td>
</tr>
<tr>
<td>Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>)</td>
<td>236.54%</td>
</tr>
<tr>
<td>Interactive Brokers Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBKR#NASDAQ">IBKR</a>)</td>
<td>111.59%</td>
</tr>
<tr>
<td>Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>)</td>
<td>98.65%</td>
</tr>
<tr>
<td>KKR &amp; Co Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KKR#NYSE">KKR</a>)</td>
<td>85.99%</td>
</tr>
<tr>
<td>Wells Fargo &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>)</td>
<td>43.54%</td>
</tr>
<tr>
<td>Blackstone Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BX#NYSE">BX</a>)</td>
<td>42.75%</td>
</tr>
<tr>
<td>M&amp;T Bank Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTB#NYSE">MTB</a>)</td>
<td>41.08%</td>
</tr>
<tr>
<td>JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>)</td>
<td>38.52%</td>
</tr>
<tr>
<td>Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>)</td>
<td>36.04%</td>
</tr>
<tr>
<td>Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>)</td>
<td>34.09%</td>
</tr>
<tr>
<td>Bank of America Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>)</td>
<td>32.89%</td>
</tr>
<tr>
<td>Fifth Third Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FITB#NASDAQ">FITB</a>)</td>
<td>29.53%</td>
</tr>
<tr>
<td>PNC Financial Services Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PNC#NYSE">PNC</a>)</td>
<td>26.71%</td>
</tr>
<tr>
<td>Arthur J. Gallagher &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AJG#NYSE">AJG</a>)</td>
<td>25.74%</td>
</tr>
<tr>
<td>HSBC Holdings Plc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HSBC#NYSE">HSBC</a>)</td>
<td>21.24%</td>
</tr>
<tr>
<td>Prudential Financial Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRU#NYSE">PRU</a>)</td>
<td>13.69%</td>
</tr>
<tr>
<td>American International Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIG#NYSE">AIG</a>)</td>
<td>3.46%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Note: Data as of market close on Dec. 17, 2024</figcaption></figure>
The iShares U.S. Financial ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYF#NYSE">IYF</a>) has risen 31.35% year-to-date.
Similarly, other financial-focused ETFs have seen strong gains. The Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>) surged 30.3%, while the Vanguard Financials Index Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFH#NYSE">VFH</a>) climbed 30.89%.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/24/12/42546991/dows-rare-nine-day-decline-falls-behind-267-single-day-crashes-since-1900">Dow&#8217;s Rare Nine-Day Decline Falls Behind 267 Single-Day Crashes Since 1900: Is Tech Shift To Blame?</a></li>
</ul>
Photo courtesy: Shutterstock

Market Summary

General

COIN

FITB

HOOD

HSBC

IBKR

Fund Managers Increase Allocation To Banking And Insurance Stocks In December: Here Are The Best Performing Financial Stocks In 2024

U.S. financial stocks are enjoying a banner year in 2024, with the sector posting the strongest yearly return in nearly three decades, fueled by the spectacular resilience of the American economy and soaring investor optimism for deregulation following Donald <a href="https://www.benzinga.com/topic/donald-trump">Trump</a><a href="https://www.benzinga.com/topic/donald-trump">'s November election victory.</a>
The iShares U.S. Financial ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYF#NYSE">IYF</a>) has skyrocketed 34% year-to-date, representing the fund's best annual performance since its launch in 2001.
Similarly, other financial-focused ETFs have seen strong gains. The Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>) surged 31.7%, its strongest rally since 2013, while the Vanguard Financials ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFH#NYSE">VFH</a>) climbed 32.4%.
<h3 class="wp-block-heading">Chart: A Year To Remember For Financial Stocks</h3>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="475" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16154716/image-134-1024x475.png" alt="" class="wp-image-694668" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16154716/image-134-1024x475.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16154716/image-134-300x139.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16154716/image-134-768x356.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16154716/image-134-1536x713.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/12/16154716/image-134.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
<h3 class="wp-block-heading">The Financial Sector&#8217;s Biggest Winners In 2024</h3>
This year has produced standout performances from a range of individual financial stocks. Below is a list of the 10 best-performing financial equities of 2024 within the IYF ETF:
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Name</td>
<td>Price Chg. % (YTD)</td>
</tr>
<tr>
<td>Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>)</td>
<td>242.28%</td>
</tr>
<tr>
<td>Interactive Brokers Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBKR#NASDAQ">IBKR</a>)</td>
<td>118.22%</td>
</tr>
<tr>
<td>Jefferies Financial Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JEF#NYSE">JEF</a>)</td>
<td>102.81%</td>
</tr>
<tr>
<td>Apollo Global Management, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>)</td>
<td>91.31%</td>
</tr>
<tr>
<td>KKR &amp; Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KKR#NYSE">KKR</a>)</td>
<td>88.71%</td>
</tr>
<tr>
<td>Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>)</td>
<td>81.72%</td>
</tr>
<tr>
<td>Virtu Financial, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIRT#NASDAQ">VIRT</a>)</td>
<td>80.90%</td>
</tr>
<tr>
<td>Evercore Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EVR#NYSE">EVR</a>)</td>
<td>74.57%</td>
</tr>
<tr>
<td>SoFi Technologies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>)</td>
<td>68.99%</td>
</tr>
<tr>
<td>Blue Owl Capital Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OWL#NYSE">OWL</a>) </td>
<td>66.88%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Data as of Dec. 16, 2024</figcaption></figure>
<h3 class="wp-block-heading">Why Financial Stocks Soared In 2024</h3>
The 2024 rally in financial stocks has been driven by a potent cocktail of strong economic growth, declining interest rates, and deregulation optimism.
The U.S. economy demonstrated remarkable resilience, with economic growth accelerating from 1.6% in the first quarter to 3% in the second quarter, and maintaining a solid 2.8% in the third quarter. 
Survey data for December further underscored this momentum, showing <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42511277/us-services-sector-booms-at-fastest-pace-since-october-2021-business-activity-leaps-to-over-two-year-highs">private-sector activity expanding at its fastest pace since April 2022</a>, with particularly strong growth in the services sector—the backbone of the financial economy.
Bank of America&#8217;s global economics team recently summarized the sentiment, stating, &#8220;Pro-growth policies like deregulation of financial services and energy, as well as lower taxes, are boosting market sentiment and asset prices.&#8221;
One of the most critical tailwinds was the de-inversion of the U.S. yield curve. The Federal Reserve's decision to ease interest rates, coupled with steady economic growth and resilient inflation, flipped the gap between short- and long-term Treasury yields. This dynamic allowed banks to borrow cheaply via short-term funding and lend at higher, long-term rates—improving net interest margins and boosting profitability.
Mortgage rates, for example, remain high because they are linked to longer-dated Treasury yields, even as interest rates have declined. 
"Economic growth data has been coming in generally better than expected lately, which has helped push Treasury yields higher, while at the same time pricing out the need for an aggressive rate-cutting campaign by the Fed," LPL Financial said in a recent note.
<h3 class="wp-block-heading">What's Next for Financial Stocks In 2025?</h3>
Heading into 2025, Wall Street sees more tailwinds for the financial sector, particularly from deregulation. "We expect a broad deregulatory push benefiting energy and financial services," Bank of America said. The firm also noted that deregulation in the banking system could ease credit constraints while stabilizing the financial system, especially given the rapid rise of private lending, which remains largely unregulated.
According to Goldman Sachs analyst Richard Ramsden, large-cap banks remain optimistic about the economy. "Healthy consumer spending trends and strong corporate balance sheets have supported a constructive outlook," Ramsden said in a recent note.
However, regional banks remain cautious about loan growth, with many pointing to a potential rebound in early-to-mid 2025. While client sentiment has improved post-election, this optimism hasn't yet translated into higher lending activity.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42468190/defense-stocks-face-headwinds-as-trumps-doge-targets-spending-cuts-goldman-sachs-downgrades-general-dynamics-to-sell">Defense Stocks Face Headwinds As Trump&#8217;s DOGE Targets Spending Cuts: Goldman Sachs Downgrades General Dynamics</a></li>
</ul>
Image created using artificial intelligence via Midjourney.

Analyst Color

Econ #s

SOFI

VIRT

Select Sector SPDR-Consumer Discretionary

Financial Stocks Near Record Year: Could Trump Deregulation Fuel Bigger Gains In 2025?

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/12/04/final-trades-uber-workday-eqt-corp-and-the-iyf.html">Halftime Report Final Trades</a>,&#8221; Bryn Talkington of Requisite Capital Management said she will <a href="https://www.benzinga.com/quote/UBER/analyst-ratings">stick with Uber Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>).</a>
On Wednesday, JMP Securities analyst Andrew Boone reiterated Uber Technologies with a Market Outperform and maintained a $95 price target.
Sarat Sethi of DCLA named Workday, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>) as his final trade.
On Nov. 26, Workday reported quarterly earnings of $1.89 per share, which beat the analyst consensus estimate of $1.76. Quarterly revenue came in at $2.16 billion which beat the consensus estimate of $2.13 billion and is an increase over sales of $1.87 billion from the same period last year.
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Shannon Saccocia of NB Private Wealth picked iShares U.S. Financials ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYF#NYSE">IYF</a>).
Joseph M. Terranova of Virtus Investment Partners named EQT Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>) as his final trade.
On Nov. 25, EQT announced it entered into a definitive deal with funds managed by Blackstone Credit &amp; Insurance (BXCI) to form a new midstream joint venture. As per the deal, BXCI will provide EQT $3.5 billion of cash consideration in exchange for a non-controlling equity interest <a href="https://www.benzinga.com/24/11/42164661/eqt-partners-with-blackstone-in-88-billion-midstream-venture-targets-9-billion-net-debt-by-year-end">in the joint venture</a>.
Price Action:
<ul>
<li>Uber shares gained 1.3% to close at $72.16 on Wednesday.</li>
<li>Workday shares rose by 4.6% to settle at $268.87 during Wednesday's session.</li>
<li>iShares U.S. Financials ETF fell by 0.2% on Wednesday.</li>
<li>EQT fell by 0.3% to settle at $44.69 during the session.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/short-ideas/24/12/42313903/top-3-tech-and-telecom-stocks-that-may-implode-this-quarter">Top 3 Tech And Telecom Stocks That May Implode This Quarter</a></li>
</ul>

WDAY

Uber, Workday, EQT And More On CNBC's 'Final Trades'

CNBC Halftime Report Final Trades: Coinbase Global, The Walt Disney Company, Meta Platforms, iShares U.S. Financial ETF

Donald Trump&#8217;s <a href="https://www.benzinga.com/general/market-summary/24/11/41968003/gold-drops-to-a-two-month-low-as-investors-turn-to-bitcoin-after-trumps-victory-but-this-economist-remains-confident-that-gold-will-surge">win is positive for the financial and energy sectors</a> as the &#8220;pro-growth effects of fiscal stimulus currently outweigh the inflationary risks in the near term​​​&#8221; according to an analyst. 
What Happened: Mario Georgiou, CFA and executive director, head of investments at InCred Global Wealth U.K., in an exclusive conversation with <a href="http://pro.benzinga.com">Benzinga</a>, described tax cuts and deregulation as tailwinds to the markets. He considers inflationary policies such as tariffs and immigration impacts as headwinds, leading to a steepening yield curve, and higher term premiums.
&#8220;Financials offer an attractive risk-reward and that this recent post-election rally has room to run,&#8221; added Georgiou. According to him &#8220;financials are not only well positioned to capture the benefits of the above-mentioned Trump tailwinds, but are also less impacted / would even benefit from the Trump headwinds.&#8221;
Despite a few dips, the equity markets have been trading higher than the pre-election levels after President-elect Trump&#8217;s victory. The S&amp;P 500 has increased by 3.22%, rising from $5,782.76 on Nov. 5 to $5,969.34 as of Friday&#8217;s close. The SPDR S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) which tracks the S&amp;P 500 Index has had a similar momentum, according to data from <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Meanwhile, Financial Select Sector SPDR Fund (ACRA: XLF), Vanguard Financials ETF (ACRA: VFH), iShares U.S. Financials ETF (ACRA: IYF), and SPDR S&amp;P Bank ETF (ACRA: KBE), have returned over 30% year-to-date in 2024 outperforming the S&amp;P 500 Index&#8217;s 26% run.
Also read: <a href="https://www.benzinga.com/24/11/42131911/donald-trump-appointed-doge-to-have-marginal-impact-saving-50-100-billion-says-analyst-as-elon-musk-aims-to-target-500-billion-plus-in-federal-expenditures">Donald Trump&#8217;s DOGE Initiative To Have &#8216;Marginal Impact&#8217; Says Analyst As Elon Musk Aims To Target Over $500B In Federal Expenditures</a>
Other sectors that Georgiou prefers, include energy. According to him &#8220;deregulation supporting oil production and geopolitical risks could sustain elevated oil prices and relative valuations are attractive.&#8221;
Even though the energy sector has underperformed the broader markets in 2024, &#8220;fundamentally, companies are shareholder friendly with 8-12% shareholder yields, have strong balance sheets with low net debt to EBITDA ratios and high free cash flow yields of 6.50% and above,&#8221; he adds.
Invesco S&amp;P 500 Equal Weight ETF (ACRA: RSP), iShares Russell 1000 Value ETF (ACRA: IWD), Vanguard High Dividend Yield Index ETF (ACRA: VYM) and ProShares S&amp;P 500 Ex-Energy ETF (ACRA: SPXE) have all underperformed the S&amp;P 500 on a year-to-date basis.
Why It Matters: As markets hit their 51st record high of 2024 and the S&amp;P 500 Index crossed 6,000 points, some analysts caution that<a href="https://www.benzinga.com/24/11/42134031/markets-got-it-wrong-after-elections-prospects-of-tariffs-not-good-for-equities-vs-dollar-says-ex-goldman-sachs-analyst"> tariffs could pose risks </a>to equities and suggest that the market may be overvalued.
&#8220;The prospect of tariffs isn't obviously good for equities, while it's clearly good for the Dollar," former Goldman Sachs FX strategist and senior fellow at Brookings Institution, Robin Brooks said in an X post. "Markets initially got this wrong, driving stocks up sharply right after Nov. 5,&#8221; he added.
However, Georgiou is &#8220;cautiously optimistic&#8221; about the markets, he said &#8220;a neutral to fully invested equity allocation is warranted, with a focus on sectors benefiting from Trump's policies, whilst always maintaining our core investment principles, which is a focus on fundamentals, quality, and risk management.&#8221;
<ul>
<li>Read next: <a href="https://www.benzinga.com/24/11/42134031/markets-got-it-wrong-after-elections-prospects-of-tariffs-not-good-for-equities-vs-dollar-says-ex-goldman-sachs-analyst">Markets Misread Trump Win, Says Ex-Goldman Sachs Analyst: &#8216;Prospects Of Tariffs Not Good For Equities&#8217;</a></li>
</ul>
Image via Flickr

Rydex ETF Trust Rydex S&P Equal Weight ETF

SPXE

Donald Trump's Win Positive For Financials, Energy Sector As 'Pro-Growth Effects Will Outweigh Inflationary Pressures,' Says Analyst

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/11/18/final-trades-eqt-meta-on-holdings-and-the-iyf.html">Halftime Report Final Trades</a>,&#8221; Stephen L. Weiss of Short Hills Capital Partners picked Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>). 
The current crux is over, Weiss says, adding that the Facebook parent company will be back up to the old highs.
Meta plans to challenge recent court decisions that allow several states and hundreds of school districts <a href="https://www.benzinga.com/government/regulations/24/11/42015847/meta-wants-to-fight-back-order-allowing-states-and-schools-to-sue-over-social-media-addiction">across the United States to proceed with lawsuits.</a>
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Joseph M. Terranova of Virtus Investment Partners said EQT Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EQT#NYSE">EQT</a>) <a href="https://www.benzinga.com/quote/EQT/earnings">is breaking out.</a>
On Oct. 29, EQT reported better-than-expected quarterly earnings. The company reported quarterly earnings of 12 cents per share which beat the analyst consensus estimate of 6 cents per share. The company reported quarterly sales of $1.382 billion which beat the analyst consensus estimate of $1.316 billion.
Shannon Saccocia of NB Private Wealth named iShares U.S. Financials ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYF#NYSE">IYF</a>) as her final trade.
Brian Belski of BMO picked On Holding AG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ONON#NYSE">ONON</a>).
On Nov. 12, On Holding reported better-than-expected third-quarter sales results and raised its FY24 net sales guidance. On Holding reported quarterly earnings of 17 cents per share which missed the analyst consensus estimate of 23 cents per share. The company reported quarterly sales of $734.52 million which beat the analyst consensus estimate of $704.58 million.
Price Action:
<ul>
<li>EQT shares gained 3.7% to close at $44.28 on Monday.</li>
<li>Meta shares gained by 0.1% to settle at $554.40 during Monday's session.</li>
<li>iShares U.S. Financials ETF gained by 0.4% during Monday's session.</li>
<li>On Holding shares fell by 0.8% to settle at $51.49.</li>
</ul>
Check This Out:
<ul>
<li> <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/42035732/jim-cramer-super-group-basic-materials-stock-is-very-hard-to-own-here">Jim Cramer: Super Group Finally &#8216;Broke Out,&#8217; This Basic Materials Stock Is &#8216;Very Hard To Own Here&#8217;</a></li>
</ul>
Image via Pixabay

ONON

Meta, EQT, On Holding  And More On CNBC's 'Final Trades'

CNBC Halftime Report Final Trades: EQT Corp, On Holding AG, Meta Platforms, iShares U.S. Financial ETF

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/11/08/final-trades-glacier-bancorp-cme-group-the-ibit-and-the-iyf.html">Halftime Report Final Trades</a>,&#8221; Kevin Simpson of Capital Wealth Planning picked CME Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CME#NASDAQ">CME</a>).
On Nov. 7, CME Group extended CEO Terry Duffy&#8216;s contract through 2026. The company appointed Lynne Fitzpatrick as President and CFO, and also named Suzanne Sprague as its new COO.
On Oct. 23, CME reported quarterly earnings of $2.68 per share which beat the analyst consensus estimate of $2.65 per share. The company reported quarterly sales of $1.584 billion which beat the analyst consensus estimate of $1.579 billion.
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Brian Belski of BMO Capital named Glacier Bancorp, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GBCI#NYSE">GBCI</a>), <a href="https://www.benzinga.com/quote/GBCI/earnings">a little bank in Montana.</a>
On Oct. 24, Glacier Bancorp reported quarterly earnings of 45 cents per share which beat the analyst consensus estimate of 41 cents per share. The company reported quarterly sales of $180.231 million which missed the analyst consensus estimate of $186.939 million.
Bryn Talkington of Requisite Capital Management picked iShares Bitcoin Trust (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBIT#NASDAQ">IBIT</a>).
Shannon Saccocia of NB Private Wealth named iShares U.S. Financials ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYF#NYSE">IYF</a>) as her final trade.
Price Action:
<ul>
<li>Glacier Bancorp shares gained 0.8% to close at $56.44 during Friday's session.</li>
<li>iShares U.S. Financials ETF shares rose 0.8% during Friday's session.</li>
<li>iShares Bitcoin Trust gained 0.2% during Friday's session.</li>
<li>CME Group shares gained 1.6% to close at $225.66 on Friday.</li>
</ul>
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GBCI

IBIT

CME Group, Glacier Bancorp And More On CNBC's 'Final Trades'

CNBC Halftime Report Final Trades: Glacier Bancorp, CME Group, iShares Bitcoin Trust, iShares US Financials ETF

The U.S. Justice Department's Antitrust Division and the Department of Transportation announced on Thursday they have opened a broad public inquiry into the state of competition in air travel on topics including previous airline mergers, aircraft manufacturing, airline ticket sales, <a href="https://www.benzinga.com/government/24/09/40745931/delta-southwest-and-other-airlines-in-hot-waters-with-us-transportation-department-for-unfair-reward">pricing and rewards practices</a>.
The Details: The agencies <a href="https://www.justice.gov/opa/pr/justice-department-and-department-transportation-launch-broad-public-inquiry-state">have issued</a> a Request for Information (RFI) and seek the public's input on anticompetitive conduct, consolidation and issues affecting the availability and affordability of air travel options.&nbsp;
"Competition in air travel is a vehicle for better quality, better fares and better choices for Americans," said Assistant Attorney General Jonathan Kanter of the Justice Department's Antitrust Division.
"With this inquiry, we hope to learn more from the businesses and travelers at the center of this essential industry. Their feedback will ensure the Justice Department can continue to build on its historic efforts to protect competition in air travel," Kanter added.&nbsp;
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The U.S. Travel Association reacted to the DOJ's public inquiry into competition in air travel, which it sees as politically motivated.&nbsp;
"Today's announcement by the Departments of Transportation and Justice that they will launch ‘broad inquiries' into airline business practices is another in a long line of disappointing political stunts," the U.S. Travel Association said <a href="https://www.ustravel.org/press/us-travel-reacts-doj-dot-inquiry-air-travel-competition">in a statement</a>.
DOJ Cracks Down: Under the Biden administration, the DOJ has cracked down on industry consolidation and mergers and successfully blocked <a href="https://www.benzinga.com/news/24/03/37455281/jetblue-spirit-airlines-shares-are-moving-monday-whats-going-on">the merger</a> of JetBlue Airways Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) and Spirit Airlines, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAVE#NASDAQ">SAVE</a>) earlier this year.  
Spirit Airlines continues to face financial trouble and a potential bankruptcy after the deal with JetBlue fell through. Earlier this week, it was reported the<a href="https://www.benzinga.com/m-a/24/10/41496171/whats-going-on-with-spirit-airlines-stock-wednesday"> airline had resumed</a> preliminary merger discussions with Frontier Group Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULCC#NASDAQ">ULCC</a>). The potential merger of the two airlines would likely coincide with Spirit's restructuring of its debt and other liabilities in bankruptcy and could be affected by actions resulting from the DOJ's latest inquiry. 
Last month, the DOT launched an inquiry into whether the loyalty programs of the four largest U.S. airlines have engaged in unfair, deceptive or noncompetitive practices. Transportation Secretary Pete Buttigieg sent a letter to American Airlines, Delta Air Lines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>), United Airlines and Southwest Airlines Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) requesting records and reports related to the airlines&#8217; loyalty programs, practices and policies.
Federal agencies did allow a merger between Hawaiian Holdings, Inc. and Alaska Air Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) <a href="https://www.benzinga.com/government/24/08/40455513/alaska-airlines-hawaiian-airlines-1-9b-merger-gets-doj-green-light-awaits-transportation-department">to be completed</a> in September. However, the DOT required the companies to agree to a set of consumer protections before giving the deal the green light. 
Why It Matters: Other companies in the airline industry may be affected by the joint inquiry announced Thursday, including planemaker Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) and parts supplier Spirit Aerosystems Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPR#NYSE">SPR</a>). Investors can monitor the effects on the industry through airline-focused ETFs, including the U.S. Global Jets ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JETS#NYSE">JETS</a>) and the iShares Trust iShares U.S. Transportation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/IYT#BATS">IYT</a>). 
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</ul>
Image: Courtesy of&nbsp;United Airlines Holdings, Inc.

Travel

Legal

iShares Dow Jones Transportation Average Index Fund

JBLU

SAVE

ULCC

DOJ, DOT Open Inquiry Into Airline Competition Amid Rising Concerns

CPNG

CNBC Halftime Report Final Trades: American Express, Coupang, Vertiv, iShares U.S. Financial ETF

Did one comment just send JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) shares <a href="https://www.benzinga.com/markets/equities/24/09/40797360/jpmorgan-hires-new-managing-directors-for-mid-cap-investment-banking-division-report">to fall by 7.5%</a>?
It appears so. JPMorgan Chief Operating Officer Daniel Pinto tempered analyst forecasts on next year&#8217;s expenses and net interest income (NII) at an industry event Tuesday.
The current NII consensus of $89.5 billion is &#8220;not very reasonable&#8221; in the light of interest-rate forecasts, he <a href="https://www.bloomberg.com/news/articles/2024-09-10/jpmorgan-shares-slide-as-pinto-says-analysts-are-too-optimistic?srnd=homepage-americas&amp;sref=TBDibEcD">said</a> according to Bloomberg. NII &#8220;will be lower,&#8221; he added.
As a result, the stock took its biggest tumble since June 2020.
But Pinto wasn&#8217;t the only bank executive who sounded pessimistic this week.
Read Also: <a href="https://www.benzinga.com/top-stories/24/09/40691590/m-t-bank-to-outperform-peers-analyst-says-overhang-fears-could-erode-over-next-several-quarters">M&amp;T Bank To Outperform Peers, Analyst Says: &#8216;Overhang Fears Could Erode Over Next Several Quarters&#8217;</a>
Goldman Sach Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) CEO David Solomon said Monday the firm&#8217;s trading revenue is on track to drop 10% in the third quarter. At last check Tuesday, the firm&#8217;s stock is down more than 4.3%.
Ally Financial Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLY#NYSE">ALLY</a>) is also down over 17.6% at last check. 
The firm confirmed that auto delinquencies and net charge-offs were higher than forecast, sending the stock to its biggest decline since March 2020 while taking consumer lenders Capital One Financial Corp. and Synchrony Financial down with it. 
The 24-firm KBW Bank Index fell 3.5%, even though the Federal Reserve said that it would cut higher proposed capital requirements for the biggest firms in half after industry pushback.
JPMorgan reported NII that missed analysts' estimates for the second quarter as well as higher-than-expected costs. 
Pinto also said Tuesday that expectations for 2025 costs were too balmy, and that third-quarter investment-banking fees could rise 15% while markets revenue increases just 2% to come in below analyst forecasts.
Price Action: JPMorgan fell 5.25% to $205.40 into Tuesday&#8217;s late-afternoon trading.
<ul>
<li>IShares U.S. Financial Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>) slipped 1.21%</li>
<li>Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>) fell 1.06%</li>
<li>iShares U.S. Financials ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYF#NYSE">IYF</a>) slid 1.13%</li>
</ul>
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Image: Shutterstock

JPMorgan Shares Tumble After COO Throws Cold Water On Analyst Outlook

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/09/09/final-trades-shares-us-financials-etf-exxon-mobil-alphabet-class-a-and-palantir.html">Halftime Report Final Trades</a>,&#8221; Shannon Saccocia of NB Private Wealth named iShares U.S. Financials ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYF#NYSE">IYF</a>) as <a href="https://www.benzinga.com/quote/IYF">her final trade.</a>
Jim Lebenthal of Cerity Partners said Exxon Mobil Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) is off just 5% from the recent high level.
The oil major has reportedly withdrawn from the competition to acquire half of Galp Energia‘s (OTC:<a class="ticker" href="https://www.benzinga.com/stock/GLPEY#OTC">GLPEY</a>) stake in a significant oil discovery in Namibia.
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Stephen L. Weiss of Short Hills Capital Partners said Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) is very, very cheap.
In a recent development, the UK's competition watchdog, the Competition and Markets Authority (CMA), has raised objections to the ad tech practices of Google by Alphabet Inc. The tech giant's dominance in the online display advertising market has come under scrutiny.
Joseph M. Terranova of Virtus Investment Partners said Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) has been added to the S&amp;P 500 index.
S&amp;P Dow Jones Indices said Palantir would be added to the S&amp;P 500 Index, ahead of the start of trading on Sept. 23. Despite widespread anticipation, the S&amp;P had snubbed Palantir in its two previous quarterly rebalancing.
Price Action:
<ul>
<li>iShares U.S. Financials ETF gained 1.2% during Monday's session.</li>
<li>Exxon Mobil shares rose 2.1% to settle at $115.01 on Monday.</li>
<li>Alphabet shares fell 1.3% to close at $148.71.</li>
<li>Palantir Technologies shares jumped 14.1% to close at $34.60/</li>
</ul>
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Image via Shutterstock

GLPEY

PLTR

Alphabet, Exxon Mobil, Palantir Technologies And More On CNBC's 'Final Trades'

연방예금보험공사(FDIC)와 블랙록(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>)은 자산운용사의 미국 은행 지분에 영향을 미치는 새로운 규정 준수 조치에 대한 1월 10일 마감 시한을 앞두고 있디. 이는 은행 부문에서 기관 투자자의 영향력에 대한 지속적인 논쟁에서 중요한 진전을 의미한다.
무슨 일 있었나: 파이낸셜타임스는 소식통을 인용해 11조 5천억 달러의 자산을 관리하는 블랙록이 FDIC 감독을 받는 은행의 주식을 10% 이상 소유할 경우 강화된 감독 요건을 받아들이도록 촉구하고 있다고 <a href="https://www.ft.com/content/1d559e21-66b6-4a50-8177-6b0daefaf7a1">보도했다</a>.
이러한 움직임은 경쟁사인 뱅가드(Vanguard)가 최근 FDIC 감독을 확대하고 대형 지주회사 내 은행을 대상으로 하는 패시브 계약을 확대하기로 합의한 이후에 나왔다.
블랙록은 39개 미국 커뮤니티 및 지역 은행에 대한 지분이 10%를 초과하여 규제 당국의 우려를 불러일으키고 있다. 블랙록은 10월 의견서에서 FDIC의 제안이 "투자자에게 피해를 주고, 경제에 대한 자본의 흐름을 방해하며, 기존 규제의 효율성을 약화시킬 것"이라고 주장하며 강력하게 반대했다.
블랙록의 펀드 중 최대 은행 지분을 보유하고 있는 iShares 미국 금융 ETF(IYF)는 JP모건 체이스, 뱅크오브아메리카, 웰스파고 주식을 보유하고 있다.
블랙록과 FDIC는 벤징가의 논평 요청에 즉시 응답하지 않았다.
이 기사도 읽어보세요: <a href="https://kr.benzinga.com/crypto/bitcoin/%EA%B7%B8%EB%A0%88%EC%9D%B4%EC%8A%A4%EC%BC%80%EC%9D%BC%EC%9D%98-2025%EB%85%84-1%EB%B6%84%EA%B8%B0-%EC%83%81%EC%9C%84-20%EC%9C%84-%EB%AA%A9%EB%A1%9D%EC%97%90-%EC%83%88%EB%A1%9C-%EC%B6%94%EA%B0%80/">그레이스케일의 2025년 1분기 ‘상위 20위' 목록에 새로 추가된 암호화폐 6개</a>
왜 중요한가: 이번 갈등은 금융 부문에 대한 주요 자산 관리자의 영향력에 대한 규제 조사가 증가하고 있음을 반영한다. 하버드 법학 교수인 존 코츠( John Coates)는 2023년 저서 &#8220;The Problem of Twelve&#8221;에서 주요 인덱스 펀드가 <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38051183/could-3-powerful-fund-managers-take-control-of-us-banks">S&amp;P 500 기업 투표의 20% 이상을 통제</a>하고 있다고 지적하며 전례 없는 의결권 집중에 대해 경고했다.
조나단 맥커넌(Jonathan McKernan) FDIC 이사는 특히 블랙록, 뱅가드, 스테이트 스트리트 같은 패시브 투자 대기업들이 인덱스 펀드를 통해 지분을 계속 확대하고 있는 상황에서 <a href=""https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38051183/could-3-powerful-fund-managers-take-control-of-us-banks"">강력한 규정 준수 조치가 필요하다</a>고 강조했다.
블랙록은 12월에 대안적인 패시브 계약을 제안했지만, 이는 뱅가드가 수용한 규정 준수 조치에 미치지 못했다. FDIC의 1월 마감 시한은 다가오는 행정부 교체에 따라 새로운 리더십이 시작되기 직전이기도 하다.
이미지 출처: Blackrock
면책 조항: 이 콘텐츠는 부분적으로 <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a>의 도움을 받아 생성되었으며, Benzinga 편집자가 검토하고 게시했습니다.
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하나의 발언이 JP모건 체이스(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>)의 주식을 화요일 장 중 최대 <a href="https://www.benzinga.com/markets/equities/24/09/40797360/jpmorgan-hires-new-managing-directors-for-mid-cap-investment-banking-division-report">7.5% 하락</a>시킨 것일까?
그런 것 같다. JP모건의 최고 운영책임자(COO) 다니엘 핀토(Daniel Pinto)가 화요일 업계 행사에서 내년 비용과 순이자소득(NII)에 대한 애널리스트 예측을 완화하였다.
블룸버그에 따르면 현재 NII 컨센서스인 895억 달러는 금리 예측에 비추어 볼 때 &#8220;그다지 합리적이지 않다&#8221;고 그가 <a href="https://www.bloomberg.com/news/articles/2024-09-10/jpmorgan-shares-slide-as-pinto-says-analysts-are-too-optimistic?srnd=homepage-americas&amp;sref=TBDibEcD" target="_blank" rel="noopener">말했다</a>. NII는 &#8220;더 낮아질 것&#8221;이라고 그가 덧붙였다.
그 결과, 주가는 2020년 6월 이후 가장 큰 폭으로 하락하였다.
그러나 이번 주에 비관적인 말을 한 은행 임원은 핀토뿐만이 아니었다.
골드만삭스 그룹(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>)의 CEO인 데이비드 솔로몬(David Solomon)은 월요일 회사의 트레이딩 매출이 3분기에 10% 감소할 것으로 예상된다고 말했다. 화요일 이 회사 주가는 4.39% 하락한 467.13달러에 마감했다.
앨리 파이낸셜(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLY#NYSE">ALLY</a>)의 주가도 17.62% 하락한 32.67달러에 마감했다.
이 회사는 자동차 연체율과 순 상각액이 예상보다 높았음을 확인하여 주가를 2020년 3월 이후 최대 하락폭을 기록했으며, 소비자 대출 기관인 캐피털 원 파이낸셜(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>)와 싱크로니 파이낸셜(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYF#NYSE">SYF</a>)의 주가도 함께 하락했다.
24개 기업으로 구성된 KBW 은행 지수는 연준이 업계 반발 이후 대형 기업에 대한 더 높은 자본 요구 사항을 절반으로 줄이겠다고 발표했음에도 불구하고 3.5% 하락했다.
JP모건은 NII가 2분기에 대한 분석가들의 추정치를 놓쳤을 뿐만 아니라 예상보다 높은 비용을 보고했다.
핀토는 또한 화요일에 2025년 비용에 대한 기대가 너무 미미하며 3분기 투자 은행 수수료가 15% 증가하는 반면 시장 매출은 2%만 증가해 분석가 예측보다 낮을 수 있다고 말했다.
주가 움직임: JP모건의 주식은 화요일 5.21% 하락하여 205.56달러에 마감되었다.
<ul>
<li>IShares U.S. Financial Services ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYG#NYSE">IYG</a>)는 1.11% 하락했다.</li>
<li>Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>)는 1.02% 하락했다.</li>
<li>iShares U.S. Financials ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYF#NYSE">IYF</a>)는 1.00% 하락했다.</li>
</ul>
지금 읽어보세요:
<ul>
<li><a href="https://www.benzinga.com/general/24/08/40656492/high-stakes-innovation-is-ai-in-banking-worth-the-gamble">고위험 혁신: 은행의 AI, 그 가치는?</a></li>
</ul>
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